#持有SCDO未来星辰大海
Institutions exit while retail investors hold out for a rise
Key Signals
Continuous 6 days #BTC
ETF
Total outflow of $149 million, indicating large players are taking profits
Fidelity's FBTC saw an outflow of $74 million, while Grayscale mini trusts gained $9 million
Futures open interest decreased by 7% to $51.7 billion, as traders close positions
Contradictory Indicators
Positive funding rate at 0.0015%, indicating derivatives traders remain bullish
The options market shows a large buy of call options, with traders betting on a rise
Market Interpretation
Institutional investors are pausing, while retail and derivatives traders prepare for a potential rebound. Two possible scenarios:
1) A healthy pullback to the 60-65K accumulation range
2) A violent rebound driven by short squeezes at current low open interest levels
Actionable Insights
Focus on two key developments:
Reversal of ETF fund flows
Spot buying volume near the 68K key support level
Trader's Question - In this standoff, do you side with cautious institutions or bullish retail traders?
The resolution of the tension between this institutional outflow and retail optimism may determine Bitcoin
The next significant move.
BTC Price Analysis#币安投票上币
