Everyone is more concerned about the current situation
Let's analyze it
The reason for yesterday's unreasonable decline
It was mainly because of the influx of more than 1,300 BTC at one time after 5 pm in B-An.
During this period, BTC in B-An has been increasing slowly
Coinbase has not increased much, and there is a slight outflow
B-An represents traditional B-circle funds, and Coinbase represents Western institutional funds
So during this period, institutional funds have not actually withdrawn and are still deploying BTC
But traditional B-circle funds are more desperate and have sold a lot of BTC
From the perspective of ETH reserves, a lot of outflows have been made from exchanges.
Since the end of May, capital has been absorbing ETH
ETH has been flowing out of exchanges in large quantities
The core reason for today's decline is still the worry that the data released tomorrow night will be negative
During this period, we should not be washed away by dog dealers
Hold the spot patiently, and most of the funds will be used to deploy some ETH and its sector B
The closer to the ETF approval time, ETH and its sector will definitely rise sharply!
Of course, don't be careless and open high-multiple contracts. Investment is risky.
We are investing, not gambling