Today's ETF report:



Yesterday, BTC ETF saw a net outflow of $347 million, marking a significant net outflow after many days. Only BlackRock continues to buy, but the buying volume is also decreasing. Currently, this upward trend remains unbroken, and we continue to be bullish!

ETH ETF is still in a stable buying trend, with low volume but focused on stability...
Temporarily still defined as a continuation state of an upward trend, any pullback is a good buying opportunity!

The current fluctuations near this new high show active turnover between long and short positions.
James's large long position is about to exhaust its principal, while some small whales are also participating in encircling his long position, with some counterparties making decent profits.

So, especially in the futures market, if the position is large enough, it's better not to expose it.
After all, in this market where it's either eat or be eaten, orcas can also take down sperm whales that are many times larger than themselves~

In a narrow path encounter, it's not the brave who wins, but the wise~ Being low-key allows for longevity.
BTC-2,49%
ETH-4,41%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)