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Today is the 479th day of my blog, I haven't missed a single day. Each post is prepared with a serious attitude, not formally. [微笑]If you consider me a serious person, you can join me, and I hope that my content can help you every day. The world is big, and I am small, so subscribe to not get lost. [微笑][微笑]
BlackRock's historic level of purchases! The net inflow into the Bitcoin ETF amounted to 1.18 billion USD yesterday! Since October 1, the total purchases have exceeded 2.8 billion USD, and the Bitcoin custody stands at 783.8 thousand coins! It's a big play with Bitcoin in the USA, you'll understand it yourself, this year the probability of 14/15k is very high! The net inflow into the Ethereum ETF was 176 million USD for the day! Compared to Bitcoin, this is certainly much worse, but still barely enough. Recently, ETH has good news, the approval for ETH staking is about to pass SEC verification! In this wave, there is a chance to see 6000!
The market has gone through trials and has almost restored previous motivations, the price of Bitcoin has not dropped below 120000, and Bitcoin will still pay attention to the resistance level of 125000. The bounce of Bitcoin is also relatively quick, while Ethereum looks much weaker, having dropped from 4730 to 4410, but not being able to drop below 4400. Next, attention should be paid to the support levels of 4400 and 4350, while above, watch for 4500 to see if it can break through and hold. If it holds, there is a good chance it will attempt to reach above 4700. Altcoins are also not lagging behind Ethereum in terms of correction. Next, it is likely that Bitcoin will rise first, followed by Ethereum. On the 12th, Ethereum will be updated; let's see if it will be inflated, not all altcoins will rise, only a small portion. #十月加密市场预测