#市场调整后的方向 #BTC Adjustment Finished?
On December 10, Bitcoin spot ETF saw a net inflow of $439 million, while Ethereum spot ETF had a net inflow of $305 million.
Microstrategy continues to buy in large amounts, and Wall Street's ETF holdings have surpassed Satoshi Nakamoto. Many countries will also make strategic reserves in the future, and they are all allocating now. Some say it is unsafe due to quantum technology; are these super funds not smart enough? Just focus on these big players, and follow the most authoritative and intelligent people to navigate the world, and the pitfalls ahead won't be too big.
Last night, the much-anticipated Microsoft shareholder vote on whether to invest in Bitcoin yielded results: shareholders opposed the proposal to invest in Bitcoin, believing it is not in the long-term interest of shareholders. A potential positive has not materialized, but there are still two relatively significant positives that will drive the market in the short term: 1. Trump takes office, and the new SEC chairman takes office; 2. FTX investor compensation.
Nate Geraci, president of The ETF Store, posted on X that BlackRock's ETHA has seen net inflows for 8 consecutive days, totaling over $1 billion, ranking fourth among about 675 ETFs set to launch in 2024. Additionally, Nate speculated that BlackRock's ETHA will enter the top three.
$ETH linked to $BTC , the exchange rate confirms the right-side pullback. Let’s see if this right-side structure can be formed. If it can provide effective support, the previous bottom formation will emerge, indicating there is still demand for a price correction in the future.