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$TAO broke the downtrend and the candles started looking illegal



not calling for a straight line up, but this is exactly the kind of structure shift I want to see

let the chart cook fams
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TAOTAO-6.88%

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GateUser-96ac66e7
15 hours ago
Quant live trading is now underway. Everyone is welcome to watch. Returns are currently 12% on day 8, with a monthly target of 50%
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IWantToBeInLoveButDon'tWantTo
17 hours ago
Recently, a strange phenomenon has emerged: ETFs for $BTC have been seeing steady inflows, so in theory it should rally, but Bitcoin just keeps inching along and can’t seem to get going.

Institutions are slowly buying crypto through ETFs, while on the other side, as soon as the price ticks up a little, a huge wave of sell orders comes crashing down. Many people who were underwater and have finally broken even, along with those who made money buying the dip at lower prices, are all selling into the rebound. The incoming funds are being offset by this selling pressure, leaving buyers and sellers evenly matched, so the price naturally gets stuck moving sideways.

There’s another key factor: the Fed’s rate decision meeting is about to begin, and the situation in the Middle East is also unstable, so no one feels certain about what’s ahead. Most institutions entering the market now are gradually building positions through dollar-cost averaging, rather than pouring money in aggressively to drive prices up. Their goal is to support the bottom, not send the market soaring.

So don’t assume that ETF inflows mean a massive bull market is about to take off. This signal only means that big money isn’t continuing to flee and the risk of a sharp drop has decreased; it doesn’t mean prices are about to surge.

Going forward, watch two things: either selling pressure gradually eases, or ETF inflows pick up another gear.
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PrajnaEth
18 hours ago
6️⃣6️⃣6️⃣6️⃣6️⃣6️⃣6️⃣6️⃣6️⃣6️⃣6️⃣
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CryptoLoverArtist
20 hours ago
please 🙏 follow me. I Follow Back! 🎉
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windx
20 hours ago
First Review
watching closely
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