Despite Bitcoin ETF inflows reaching $254.5 million, the price of Bitcoin remains hovering around $66,000, and market sentiment is "extremely panicked." Analysts point out that Bitcoin is testing a key technical level, while traders warn that upcoming economic data could trigger market volatility. Ethereum ETF inflows amount to $6.57 million, but some chart analysts emphasize that Ethereum (ETH) and other major altcoins like Solana face downside risks. The altcoin sector's market capitalization has decreased by 3%, down to $34.3 billion.
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.
Despite Bitcoin ETF inflows reaching $254.5 million, the price of Bitcoin remains hovering around $66,000, and market sentiment is "extremely panicked." Analysts point out that Bitcoin is testing a key technical level, while traders warn that upcoming economic data could trigger market volatility. Ethereum ETF inflows amount to $6.57 million, but some chart analysts emphasize that Ethereum (ETH) and other major altcoins like Solana face downside risks. The altcoin sector's market capitalization has decreased by 3%, down to $34.3 billion.