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BTC hovers around 87K with nearly 500 million dollars liquidated, ETF fund flows show significant divergence.
[Coin World] BTC is hovering around $87,000, with the total liquidation scale exceeding $486 million. The flow of funds shows a clear divergence - the Bitcoin ETF has attracted $8.5 million, while the Ethereum ETF has seen an outflow of $79 million.
On the technical side, analysts have marked $85,000 as a key support level. An interesting observation is that there may be a pattern of “Monday pullback, followed by a rally for the whole week.” However, to truly confirm an upward trend, we need to see if it can hold above $90,000.
The weekly chart for SOL has issued a buy signal, ETH is still lingering in a descending wedge, and the chart for XRP suggests that it needs to continue building momentum before breaking above 2.60. Although DOGE is in a stage of accumulation, the entire Meme sector has dropped by 6.2% this week.