Hi! I am new here trying to start trading learning new things and exploring a lot
Here is today's update about bitcoin
Bitcoin rallies to $109.7K but pro traders question BTC's price momentum
Bitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet
Bitcoin surged to $109,000 after briefly dipping to $105,200.
Triggers: Eurozone's 2.7% M2 money supply growth and weak U.S. payroll data (-33K jobs).
Still 2% below all-time high, but traders remain cautious.
Futures premium stayed under 5%-indicates weak bullish momentum.
Options market skew at 0%-shows neutral sentiment
Stablecoin (USDT) demand in China dropped-signals lack of retail enthusiasm.
ETF outflows: $342M exited BTC ETFs-investor doubts persist
Geopolitical tension: US-Japan tariff threats add uncertainty.
source - Marcel penchman post on cointelegraph
#BTCBitcoin surged to $109,000 after briefly dipping to $105,200.
Triggers: Eurozone's 2.7% M2 money supply growth and weak U.S. payroll data (-33K jobs).
Still 2% below all-time high, but traders remain cautious.
Futures premium stayed under 5%-indicates weak bullish momentum.
Options market skew at 0%-shows neutral sentiment
Stablecoin (USDT) demand in China dropped-signals lack of retail enthusiasm.
ETF outflows: $342M exited BTC ETFs-investor doubts persist
Geopolitical tension: US-Japan tariff threats add uncertainty
source - Marcel Penchman post on cointelegraph
#BTC #ETH #TariffPause