📉 ETF Outflows, Fed Uncertainty, and Market Sentiment 📉
Yesterday we saw massive ETF outflows (exclude Blackrock!) :
• BTC ETFs: –$523M net outflow
• ETH ETFs: –$415M net outflow
🔴 No inflows, just red. This shows big players are reducing exposure ahead of Powell’s Jackson Hole speech later this week.
Key things to note:
• Powell is expected to clarify the Fed’s framework, but not announce cuts.
• The Dollar Index (DXY) is grinding higher, a headwind for risk assets like BTC & ETH.
• Both BTC (≈113k) and ETH (≈4.1k) are sitting near support with RSI oversold on 4h charts → bounce possible, but whales may prefer more flushing to reload lower.
⚖️ Two scenarios this week:
1. Relief bounce before Powell → traps late shorts, allows ETFs to rebalance.
2. Deeper flush into Jackson Hole → gives whales cheaper entry if Powell stays hawkish.
📊 Alts watch: Micro-caps show some green while majors lag. This is usually noise liquidity—don’t confuse it for a broad alt season yet. If BTC/ETH bounce, alts may catch momentum, but if Powell disappoints, expect a sharp wipeout across the board.
Market is in high-risk chop. ETF data + Fed uncertainty = whales in control. Trade small, stay nimble, and don’t get caught overleveraged before Powell’s speech.
THIS IS NOT DECENTRALIZED ANYMORE, CRYPTO IS BIG PLAYERS GAME NOW. 🥲
