【Bitcoin Spot ETF Absorbs $591 Million! Market is Booming, but Traders are Proceeding with Caution】
Seven consecutive days of net inflow have turned this into a battleground for capital frenzy! On just Monday, BlackRock's IBIT attracted nearly $1 billion, pushing the overall capital absorption for Bitcoin spot to over $591 million.
However, the market is not blindly euphoric. Despite futures positions climbing steadily, the demand for put options is also rising—smart money is betting on a breakout while quietly hedging against risks.
Bitcoin is currently hovering around $94,000, with a critical point on the verge of being triggered. Breakout or pullback? The signals from capital flows and derivatives have already issued warnings.
The real market trend is not just about the price increase, but also about the structure. The regulatory framework in developed countries is clear, institutions are rushing in, but wise individuals always keep an exit strategy.
The next move will determine whether you are a follower or a harvester. #ETH #SOL #ADA #XRP’ #DOGE