First day of Hong Kong Bitcoin & Ether Volume traded:
✅ Bitcoin Spot ETF: $8.8 million
💰 Ether Spot ETF: $2.6 million
@Coach🥳
@Coach
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Forwarded from CCC.io Private Club
The BTC spot ETF has been around for about 110 days, and we've noticed some interesting trends. For instance, trading volume tends to be lowest on the last working day of the week, indicating weak buying power. In contrast, the first working day sees better volume and stronger purchasing power 💪.
Over the last 24 hours, despite a net outflow of funds, Monday's figures are quite impressive compared to last Friday. Out of ten funds, six experienced outflows while four showed no change. Only GBTC and Fidelity saw significant outflows, with the latter losing less than 110 BTC. Five other ETFs actually had net inflows, although totaling just 306 BTC
Interestingly, three major institutions including BlackRock didn’t add new listings, suggesting that buying power is really low 🔻. Even the launch of spot ETFs in Hong Kong and efforts by $MSTR haven’t boosted market morale much.
The market is currently sluggish, with low liquidity and a lack of compelling narratives, which seems inevitable
If the price drops below $60,000 and investors start to panic and exit, it could be tough for the market to bounce back.
@Coach
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Forwarded from Crypto News - Fast Market Moving⚡️
🚨JUST IN 🚨
Changpeng Zhao, popularly known as CZ, has been sentenced to 4 months in prison.
@Crypto_News | Link
Changpeng Zhao, popularly known as CZ, has been sentenced to 4 months in prison.
@Crypto_News | Link
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#BTC is currently touching the support of the falling wedge and also the fibonacci level around 56k 57k area.
Further, we can also see a bullish divergence of #BTC at the moment. Possible up can be expected.
However, if #BTC loses the current support, we can expect price to drop until next fibonacci level around 50k to 52k area.
🥳 @Coach
Further, we can also see a bullish divergence of #BTC at the moment. Possible up can be expected.
However, if #BTC loses the current support, we can expect price to drop until next fibonacci level around 50k to 52k area.
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Forwarded from Crypto News - Fast Market Moving⚡️
🚨 JUST IN: BlackRock Invests $47M in Securitize, Fueling the Launch of BUIDL, a New Ethereum-based Digital Fund.
@Crypto_News | link
@Crypto_News | link
Coach
🚨 JUST IN: BlackRock Invests $47M in Securitize, Fueling the Launch of BUIDL, a New Ethereum-based Digital Fund. @Crypto_News | link
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More Bullish NEWS flowing!
Is local bottom in?🤔 🤔
https://x.com/CryptoCoinCoach/status/1785661026416918691
Is local bottom in?
https://x.com/CryptoCoinCoach/status/1785661026416918691
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