Daily Summary | The market didn’t give an answer, but that itself is the answer

Today’s market has no very clear direction.

BTC and ETH both saw ETF fund outflows, but over a longer time horizon, the market still has institutional capital involved.

What does that mean?

I think the answer may be:

The market is waiting.

Some people believe the price is worth buying, while others choose to take profits first.

At this stage, the easiest mistake to make is rushing to draw conclusions for the market.

Does it have to go up?

Does it have to go down?

Actually, neither is necessarily true.

Sometimes, the best approach is not to guess the next move, but to first observe which direction the market chooses next.

Because the real trend will ultimately tell us the answer through price and fund flow.
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