Good morning☀️

We are only 11% away from seeing the headlines that#Bitcoinreached $100,000.

ETF purchases continue at full speed. There was a net inflow of $510 million yesterday. It is positive that ETF inflows continue despite the price being at ATH.

With the pullback in altcoins, funding rates returned to normal again.

When funding rates rise above average, it is healthier to ease funding rates with such small pullbacks for the continuation of the rise.

Otherwise, if small pullbacks do not occur and funding rates increase too much, this time we can see sudden drops of up to 20-30% in a single candle.

Therefore, it is healthier to have small pullbacks before funding rates become too red, as they are now.

There is no major change in other data.

🔹Whale activity is in the positive zone.

🔹Short liquidations are being cleared.

🔹ETF inflows continue.

🔸Coinbase CVD fell by about $500 million. It's not a very serious sell-off. It doesn't have a negative effect on the price due to ETF inflows.

The data is generally positive and shows that the rise is likely to continue.

I think we need to see headlines like "Bitcoin hits $100,000" this close to $100,000.

The crowd that will re-enter crypto with this headline will be a good exit liquidity for those who bought in 15-20-30 thousand.

I will continue to update my friends. I wish everyone a nice day and lots of earnings.