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BTCETF ends eight consecutive declines, and the market ushers in a rebound! BTC raided 50,000 8 in the middle of the night, is it a flash in the pan or the starting point of the new Bull Market?
Last night, the BTC market was turbulent, and the BTC price soared to 58,000. Although there was a pullback afterwards, don't ignore the key signal! The BTC ETF saw eight consecutive days of capital outflows, with a net inflow of up to 28.6 million US dollars, reversing the huge outflow of 1.2 billion US dollars in the previous period. This turning point marks a change in the attitude of traditional institutional funds, injecting a strong stimulant into the market.
The recovery of ETF not only eased market panic but also indicated the return of confidence. Tonight, whether the capital inflow can continue will be the focus, as it will be the prelude to the impact of 60,000 points, which may become the cornerstone of the new Bull Market! Yesterday morning, it was mentioned that btc 58200 has retraced twice recently, and if it goes down again, it will touch 57700 and 57100. After reaching 57700 again last night, it Rebounded to near 59300 now (resistance in the morning, if you enter here in the morning, you should take profit earlier), indicating strong support around 5.8w, and there is free access between 58000-60000. Once this level is strongly broken, it will collapse. The downward structure remains unchanged, so it is still mainly shorting on highs today, and there are opportunities for long positions, but they are all short-term and small Positions.
BTC short: 59850 (take profit at 58800-58555 and leave a part), 61125-61600 (add short, the password to the password and the password is not working on the same thing as I LOVE YOU SO much for me and you are na you BTCETF ends eight consecutive declines, and the market ushers in a rebound! BTC raided 50,000 8 in the middle of the night, is it a flash in the pan or the starting point of the new Bull Market?
Last night, the BTC market was turbulent, and the BTC price soared to 58,000. Although there was a pullback afterwards, don't ignore the key signal! The BTC ETF saw eight consecutive days of capital outflows, with a net inflow of up to 28.6 million US dollars, reversing the huge outflow of 1.2 billion US dollars in the previous period. This turning point marks a change in the attitude of traditional institutional funds, injecting a strong stimulant into the market.
The recovery of ETF not only eased market panic but also indicated the return of confidence. Tonight, whether the capital inflow can continue will be the focus, as it will be the prelude to the impact of 60,000 points, which may become the cornerstone of the new Bull Market! BTCETF ends eight consecutive declines, and the market ushers in a rebound! BTC raided 50,000 8 in the middle of the night, is it a flash in the pan or the starting point of the new Bull Market?
Last night, the BTC market was turbulent, and the BTC price soared to 58,000. Although there was a pullback afterwards, don't ignore the key signal! The BTC ETF saw eight consecutive days of capital outflows, with a net inflow of up to 28.6 million US dollars, reversing the huge outflow of 1.2 billion US dollars in the previous period. This turning point marks a change in the attitude of traditional institutional funds, injecting a strong stimulant into the market.
The recovery of ETF not only eased market panic but also indicated the return of confidence. Tonight, whether the capital inflow can continue will be the focus, as it will be the prelude to the impact of 60,000 points, which may become the cornerstone of the new Bull Market!