$ETH the news from the crypto world is more astounding Grayscale GBTC has sold 320 million dollars, BlackRock IBIT has seen for the first time a slowdown in fund growth. Institutions are now playing the game of 'running fast', on-chain data monitors frequent transfers from cold OTC wallets, this selling pressure has not yet cleared. My personal judgment is that bitcoin is very unlikely to hold at 66k in the short term, the MACD divergence on the daily chart is widening, do not believe in the 'golden pit', leveraging on buying lows can explode first as respect.

This time, Grayscale is clearly playing 'predict your prediction', old miners with low holding costs of GBTC are taking advantage of the ETF's excess liquidity to sell wildly, the slowdown in BlackRock IBIT's growth indicates that even traditional institutions are starting to 'fear heights'. The frequency of transfers from cold OTC wallets to exchanges is at a peak, and it is telling retailers: 'I still have unsold goods', this kind of slow cut is more unpleasant than a sudden collapse.