#Bitcoin This kind of almost "painting the gate" market doesn't have much to say. The outbreak after data revision means the market has some breakthrough power, but lacks better confidence support.
Today's ETF and crypto fund data also show that there is a divergence between institutional long-term holders (ETF) and short-term speculators (pure crypto traders) in the market.
ETF continues net inflow and gradually expands, while crypto market funds show net outflow, indicating short-term uncertainty still exists, but in the mid-to-long term trend, funds have already started to make choices!
The current situation, as mentioned a few days ago, when #BTC breaks the May high, the next pullback is a very good right-side buying opportunity! #10月加息预期回落,今晚PCE成关键
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more