BlackRock bought $9 billion ETFs yesterday

Once this scale and level of Arbitrage funds enter, it means that the market is in the final stage. Therefore, what everyone actually sees is that when the ETF funds flow in large amounts, it is the top, and when the ETF funds flow out in large amounts, it is the bottom;
I see a lot of people on the square teaching everyone that the bull market is coming and the current situation requires a low leverage ratio. Can you teach everyone about the Spot situation and chasing rising prices? Do you still engage in contracts?
So next, Bitcoin may drop back to around 60,000, while alts leverage will be liquidated.
Currently, the majority of retail investors in the market are leveraging long positions in altcoins, so the leveraged positions in altcoins will be liquidated at once. Last night, I saw many people in the square going to chase rising prices of altcoins, which can only mean that there are many foolish people with a lack of understanding of the crypto world. Last night, I also made it very clear in the live broadcast that those with long positions should close their positions early, and those with spot positions can short Ethereum for hedging.
I continue shorting Ether, I see people on the square yelling alts as soon as BTC and Ether rise, and it's impossible for the early low prices of AltCoins to be publicly released for you to buy. You can't even build a position yourself, let alone let you buy.