Post
雲哥
·
--
The current 30-minute line fluctuation is due to the tug-of-war between these two forces:
Retail investors and institutions are reducing positions on the ETF side (negative outflow) VS large holders are continuously withdrawing from the exchange (positive outflow).
The price is currently hovering around $66,600; if the net outflow data of the ETF further narrows within the next 24 hours, combined with the continued decline in exchange inventory, BTC is very likely to complete a violent surge after a "short trap". $BTC
Retail investors and institutions are reducing positions on the ETF side (negative outflow) VS large holders are continuously withdrawing from the exchange (positive outflow).
The price is currently hovering around $66,600; if the net outflow data of the ETF further narrows within the next 24 hours, combined with the continued decline in exchange inventory, BTC is very likely to complete a violent surge after a "short trap". $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.