💥✨️ BlackRock Leads Bitcoin ETF Inflows Despite Mixed Investor Flows BlackRock's iShares Bitcoin Trust (IBIT) attracted approximately $89.8 million in net inflows on July 29, leading all U.S. spot $BTC ETFs and offsetting outflows from several competing funds. According to data compiled by Farside Investors, the sector recorded a modest $32.1 million in total net inflows for the day. While BlackRock continued to attract fresh capital, other major issuers experienced redemptions. Fidelity's FBTC posted approximately $43.1 million in net outflows, while ARK 21Shares' ARKB recorded around $14.6 million in outflows, highlighting that investor demand remains concentrated rather than broad-based. IBIT has remained the largest U.S. spot Bitcoin ETF by assets under management since the products launched in January 2024, reinforcing BlackRock's dominant position in the regulated #BTC investment market. The latest inflows suggest investors continue to use IBIT as a preferred vehicle for gaining Bitcoin exposure, even as capital rotates among competing ETFs. #FedHoldsRatesSteady Although a single day's ETF flows do not establish a market trend, they remain one of the most closely watched indicators of investor sentiment. Sustained inflows into spot Bitcoin ETFs can provide additional liquidity to the market, while persistent outflows may signal weakening demand. For now, BlackRock's strong inflow contrasted with redemptions elsewhere suggests investor appetite for Bitcoin remains intact, but is becoming increasingly selective rather than uniformly bullish. ✅️ FOLLOW FOR MORE ✅️ $BTC ‌

Will the Federal Reserve stand pat, and will Waller really become “Trump’s tool”? After this Federal Reserve meeting, some fairly interesting voices emerged in the market. Some people believe: Keeping interest rates unchanged is an “unsettling stand-pat.” The reason is simple. The market had been expecting clearer signals of further rate cuts. But the Federal Reserve did not rush to make a commitment. With inflation data improving and the market expecting a policy shift, the Fed still chose to wait. What this reflects is actually not simply a “hawkish” or “dovish” stance. It’s a cautious approach to the consequences of policy. Judging by Waller’s performance since taking office, I personally think he has a fairly distinct feature: He doesn’t seem like someone completely driven by political pressure. Many people previously worried: If Trump keeps pressuring for rate cuts, will the Federal Reserve become an institution that caters to political needs? But based on the current performance, it has not developed entirely according to what the market imagined. Waller emphasizes more that: Policy needs to consider long-term impacts. Whether inflation is truly under control. Whether the U.S. economy can withstand policy changes. Instead of making decisions purely to match short-term market sentiment. In fact, from his perspective: The biggest value of the Federal Reserve chair is not to satisfy someone’s expectations. It’s to leave his own policy judgment in history. If a central bank fully follows political pressure, it may gain support in the short term. But in the long run, it will damage the credibility of the dollar and market trust in the U.S. financial system. For someone who wants to leave a policy legacy, that is not a good choice. Of course, this does not mean Waller will definitely keep rates high forever. The Federal Reserve will ultimately adjust based on economic data. If employment deteriorates noticeably. If inflation continues to fall. Rate cuts will still happen. But the difference is: When they cut. Why they cut. Whether it’s based on economic conditions or external pressure. That’s what the market is really focused on. From a trading perspective: The market’s biggest disagreement right now is not really about whether rate cuts will happen. It’s about: Will the Federal Reserve release rate-cut expectations to the market early? If the market believes the Fed still maintains independent judgment, then the dollar, U.S. Treasury yields, and risk assets will all be repriced. For the crypto market: In the short term, rate-expectation moves may have an impact. But in the long run, liquidity conditions are what truly determine the trend. I personally lean toward the view that: What Waller is showing right now is more like someone who wants to build his own policy credibility. He needs to face political pressure. He also needs to face economic reality. But what remains at the end is his policy record—not someone else’s demands. So the market can’t simply define him as “someone’s guy.” A truly mature trader doesn’t look at the person’s label. Instead, it’s: Every speech he gives. Every policy choice. What the logic behind it is.$BTC $ETH #三星电子涨4.5%领涨韩股

The market trend in the earlier segment looks quite strong. The price rose continuously for a while, and the earlier sentiment was also lifted. But what I’m watching isn’t the superficial pump—I’m looking to see whether there’s sustained buy support after the price reaches the high end. After the price came to around 277.1, several bursts didn’t go far, so I chose to go long and put the short thesis into observation first. The most uncomfortable part is that at the very beginning it didn’t drop immediately. Instead, it chopped back and forth, and people who are impatient are very likely to get off early, while those chasing longs are also likely to be trapped by a fake breakout. I didn’t rush to guess the bottom either. Only after I saw that each time it surged higher it was accompanied by selling pressure did I feel this wasn’t normal strength—it looked more like high-level digestion of sell pressure. When the price pulled back to 191.5, the short position results showed +1489.4%. This feedback eased me, because the real test of a person isn’t just seeing the direction—it’s whether you can stay calm when the direction doesn’t play out immediately, and not get thrown off by a few rebound candlesticks. My deepest takeaway from this is still one sentence: strength isn’t only about how high it pumps—it also depends on whether there are people willing to take it. The sell pressure at the high end has been there all along, and the subsequent pullback has only amplified the hidden issues. $BTC $ETH