When it drops, look bearish; when it rises, look bullish. At the same time, spreading fake news can harm our retail investors in China.
1. Today I saw a news report stating "Ethereum ETF had a net outflow of $465 million yesterday," and ETH dropped from around 3730 to 3650. Many people started to panic and cut their losses.
But I want to say: Never get cut because of an unverified news!
2. If you check the data carefully, you'll know: Currently, the US has launched 9 spot Ethereum ETFs, and their size ranking is roughly as follows:
ETHA > ETH > ETHE > ETHW > CETH > FETH > ETHV > EZET > QETH.
Most of them actually had a net inflow yesterday, and there was no so-called "large outflow." (Image)
3. In today's crypto circle, you have to verify 80% of the news repeatedly. Especially at critical points, there are always people creating rumors to manipulate the market, specifically to cut the anxious. You can only adapt to the market better by spending some time learning and laying a solid foundation.
