After this round of bull run ETF passes, the starting point of every wave of the market is basically inseparable from the net inflow of Spot ETF. The reason ETH has been strong in the past two months is actually because of the aggressive buying on the ETF side.


Today I looked, and Bitcoin and Ethereum ETF funds have been experiencing a net outflow for several days, which indicates that the short-term bulls are a bit shaken, and the funds are hesitating, with an unclear direction. In this situation, recklessly going long has a poor risk-reward ratio and very low cost-effectiveness.
First, look at the inflow and outflow of ETFs for a few days, and then judge the strength of the market. If tomorrow BTC and ETH ETFs continue to see large outflows, the short-term trend is likely to remain weak.
ETH6.66%
BTC1.99%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
Sakura_3434vip
· 14h ago
Just go for it💪
Reply0
XiaoxiaoOnlyLooksAtTvip
· 08-06 11:33
Steadfast HODL💎
View OriginalReply0
Ybaservip
· 08-06 08:40
Quick, enter a position! 🚗
Reply0
CoinRelyOnUniversalvip
· 08-06 06:35
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
Ryakpandavip
· 08-06 03:10
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)