Market Review and Important News:

The Nasdaq opened lower yesterday but rose throughout the day, ultimately closing with a small gain, maintaining a four-day winning streak. The net inflow for the Bitcoin spot ETF reached $419 million, while the Ethereum spot ETF saw a net inflow of $89 million.

Despite a collective sell-off at the end of the Asian session yesterday, there was a significant buying spree when the market entered the U.S. session, driving prices higher.

From the perspective of the 1-hour candlestick chart, the overall market shows a downward pin bar pattern, which, combined with the net inflow of ETF funds, indicates a substantial influx of capital into the U.S. market, building a new bullish foundation. #加密市场调整 #美国加密立法或将重启 #币安Alpha第7批项目公布 #BTC上攻11万？ #2025有哪些关键叙事？

I am bearish in the long term, if you are currently unsure how to position yourself, feel free to contact me for discussion!