What is the market waiting for?

BTC/ETH and almost all other alts have been stuck in a narrow trading range for several days without much movement. We’re just waiting for the exit, it’s pointless to analyze and guess for now.

Now we can go over the news background (fundamental). So far, by the way, it is more positive, which of course inspires confidence in a possible future rise to the top. Unless you take into account that Genesis is asking the bankruptcy court to approve the sale of GBTC shares worth $1.4 billion.

🟢 By ETF: since launch, the net inflow into US spot BTC-ETFs has been +32,000 BTC .

🟢 By BTC advertising: by According to ETF Store President Nate Geraci, Facebook and Instagram, following Google, may soon allow advertising for spot BTC-ETFs .

🟢 Coinbase analysts Coinbase analysts note that the pressure on BTC has decreased significantly as... FTX sold off its holdings in GBTC.

🟢 Regarding ETH: over the past 3 weeks, almost 510,000 ETH were withdrawn from crypto exchanges, which may indicate the current accumulation of ether.

That's all for now, the most important moments of the last few days. We are waiting for the release of BTC/ETH and market activity. Profit to everyone!