ETFs saw a net outflow of $330 million in a single day, and I was stunned by that number for a moment.
This isn't just a minor blip; institutions are voting with their feet.
$BTC is currently just above 76,000, hitting a high of 78,080 today before pulling back. This price action feels off—there's definitely someone waiting to unload.
The contract volume is nearly 10 times that of spot trading.
My boyfriend just asked me what I was doing, and I said, 'Watching the candlesticks.' He replied, 'You’re going to lose again, aren’t you?' I didn’t argue because, honestly, this chart doesn’t inspire much confidence.
To be real, with such heavy leverage in contracts and ETFs continuously flowing out, it’s tough for the bulls to hold the line under this pressure.
My gut feeling is: this isn’t the right spot to chase long positions.
Not saying it will definitely drop, but where’s the upward momentum? Institutions are pulling out, and retail traders are hanging on with leverage; I’ve seen this combo too many times, and the outcome is usually not pretty.
Right now, I’m just watching from the sidelines without any positions, waiting for the ETF fund flow to turn back to net inflow before making any moves.
If I do decide to trade, I’d much rather wait for a clearer signal than take a chance in a situation like this. 😭
$BTC #BTC #比特币ETF #contracts
The market flips faster than a page in a book, better to keep some positions open.
This isn't just a minor blip; institutions are voting with their feet.
$BTC is currently just above 76,000, hitting a high of 78,080 today before pulling back. This price action feels off—there's definitely someone waiting to unload.
The contract volume is nearly 10 times that of spot trading.
My boyfriend just asked me what I was doing, and I said, 'Watching the candlesticks.' He replied, 'You’re going to lose again, aren’t you?' I didn’t argue because, honestly, this chart doesn’t inspire much confidence.
To be real, with such heavy leverage in contracts and ETFs continuously flowing out, it’s tough for the bulls to hold the line under this pressure.
My gut feeling is: this isn’t the right spot to chase long positions.
Not saying it will definitely drop, but where’s the upward momentum? Institutions are pulling out, and retail traders are hanging on with leverage; I’ve seen this combo too many times, and the outcome is usually not pretty.
Right now, I’m just watching from the sidelines without any positions, waiting for the ETF fund flow to turn back to net inflow before making any moves.
If I do decide to trade, I’d much rather wait for a clearer signal than take a chance in a situation like this. 😭
$BTC #BTC #比特币ETF #contracts
The market flips faster than a page in a book, better to keep some positions open.