BTC
Today is Monday. After two days of volatile trading over the weekend, there are still no signs of a bottom being formed. Although a slight gap above 95,000 has been filled, it is not significant overall.
Currently, liquidity is still not picking up, and tonight is likely to remain in a sideways trend, with a higher possibility of a downward fluctuation. There is insufficient liquidity above this position, while the number of buyers looking to catch the bottom has noticeably increased. The day after tomorrow is New Year's Day, and the recently improving liquidity will likely slow down due to the holiday. It is expected that these two days will be characterized by downward fluctuations, once again testing the support strength at 92,000-91,000.
ETF
Bitcoin Spot ETF Week 51 Net Flow: -379 million USD
Fidelity outflow: 183 million USD, BlackRock outflow: 22.7 million USD
The fourth quarter Bitcoin ETF is still performing the best this year, with inflows reaching 16.8 billion USD.
The current level of market greed is extremely low. Tomorrow is the annual closing line, let's see if there will be some changes!