Greeks.live: Most traders follow BTC or test down to the $78,000-81,000 area

DailyNews
BTC3,93%

Odaily Planet Daily News Greek.live macro researcher Adam released a Chinese community briefing, which stated that market sentiment tends to be bearish, and most traders follow Bitcoin, which may test the area between $78,000 and $81,000. Some traders believe that Bitcoin will Rebound, but most traders are cautious about the short-term trend, especially after a large-scale outflow of ETF funds. Many traders observe that the current situation is a chip vacuum area, lacking effective support, while indicators show a net outflow of $757 million from the US Spot Bitcoin ETF. The encryption market shows an unusual trend, with the Bitcoin Dominance Index (BTCD) not seeing a pump during the decline, while Altcoins are relatively strong, showing a different market structure from the past.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments