Post

Why can’t BTC hold above 80K?


I just looked at the ETF fund flows and seem to have found a pretty direct reason. 👀
On September 3, U.S. spot BTC ETFs still saw approximately $682 million in net inflows in a single day.
But then the picture suddenly changed.
September 8: -$46.6 million; September 9: -$120 million; September 10 was even worse, at -$283 million. They finally turned positive yesterday.
I took a look: +$6 million. 🙂
Hahahaha, a few days ago they were using basins to catch the money, and now they’ve switched to mineral water bottle caps. 😂
This actually lines up pretty well with BTC’s recent moves: it has pushed above 80K several times, but just can’t hold.
So now when I watch BTC, besides CPI and the Federal Reserve, I’ll also keep a closer eye on one thing—when ETF money truly comes back.
If BTC keeps falling and ETFs keep seeing outflows, I won’t rush to buy the dip. But if BTC continues grinding around 77K or 78K and ETFs suddenly see net inflows of several hundred million dollars again... then I’ll take a very serious look.
Because shouting “bull market” means nothing. Real money coming back—that’s what matters. Do you think BTC can still be below 80K the next time ETFs see a surge in inflows? 👀$BTC
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTCBTC-0.08%

  • 1

Add a comment
Add a comment

Comment
WalletFingerprintProtector
15 minutes ago
Capital flows are much more honest than candlesticks. Compared with the 682 million from a few days ago, +6 million really does feel like catching water with a bottle cap, haha.
0View Original
BollingerKangaroo
28 minutes ago
First Review
Once the ETF faucet is turned off, 80K is indeed hard to hold—let’s talk when real money comes back.
0View Original