🏆Guigu Evening Report🏆
Stablecoin: Outflows from exchanges start today (bearish)
Please note that recently, there have been repeated inflows and outflows of funds. After continuous inflows to exchanges yesterday, today we are facing a wave of retracement. It is not recommended to bottom fish altcoins in the short term.
Bitcoin: Continuous outflows from exchanges (bullish)
The price sees a rebound today, breaking through to $95,000.
Today, Roswell City, New Mexico, USA establishes the first municipal Bitcoin strategic reserve.
Next, Semler Scientific increases its holdings of 165 Bitcoins by $15.7 million.
Large holders continue to hold Bitcoin; it is still not too late to buy at the current price level.
The overall trend is positive, do not let short-term fluctuations shake you out.
#btc