So I'm in heavy losses and so many of you are too. and honestly i don't see us making significant upside moves anytime soon. in very short term today is friday so weekend dump is also expected. soon eth etf will be approved on 8th july or perhaps will get a push back, in both cases markets will go down, either by sell the news event or by fear of pushed back. in any case i closed my position for now and will wait till confirmation of upside, or perhaps as sated btc may fall to 48k so then ill re-enter. That's my thoughts which is a rational decision. people say make educated decisions but you still can lose on educated decisions. perhaps markets boom upside now that I'm out now. i would be punching air but for now this is the rational decision

Today $GBTC had thier first net inflow day with +$63 million, since the etf launched. I mean who can be so desperate to buy btc that they bought etf with such a high fees. Anyway this is extremely bullish.🚀🚀

On 1st may there was a lot of selling from the ETFs and yet we moved up, some insane entities are buying. honestly i think we will turn resistance of 60k on btc to support soon.

$300 million worth of inflows were expected from the Hong kong's ETFs in btc. In truth the total volume was only $8.5 million😂 and this triggered sell the news event

Now you can interpret this as you like, but here's what i think: I think that whales/institutions are trying to manipulate the markets again. They will buy but only when you are tired, dejected and preplaxed. They will buy when you sell.

These ETFs in long-term, expose crypto market to more trillions of dollars and over the long term we win, insha'Allah, So keep hodl

Today the hong kong ETFS are going live, Australian ETF may would be approve by the end of the year, World wide financial institution are lining up to buy btc. OTC desks are running dry, btc supply is at all times low on exchanges, and you're still bearish🫤

Even if you are not bearish then you're trying to time the market, so that btc may fall 55k, 58k so ill buy. and potentially missing 100k, 150k upside gain. just to get 5-10k more good of price. Timing the market is based pure on luck, and i recommend that you never try to time the market, always DCA. The fundamentals say, we go up.

Manipulation?!🫤 Today was another outflow day for the ETFs (can see the detail in picture). The thing is how can ibit's volume be $1.18 billion and all that volume does exactly cancel out to give $0 inflow day. And this coincidence has happened many times before. There should be atleast $1 million either in or out right? Or i don't understand this, and if you do please let me know. Or it also could be that they're trying to keep prices down so thier clients can buy at good prices. Also keep in mind that this $0 inflow days regardless of having huge volumes, resonates with having bad days in markets. Like when prices goes down they do this to make people feel more bearish.

$8 billion worth of shorts would be liquidated when btc reach $74,000🔥

This means that too many people feel bearish now so market will go up soon. now before that i don't know how low may the market go or when the markets will go up, but remember no one actually knows. All i recommend is to be in the market right now and dca if market falls and Soon we will go to the moon. Also in my previous post I've gave the news of stable coins valued at $158 billion. this will flow in the market because when you have cash in stable coins, you are waiting to invest it in markets.

So hold on and take care 😘

Stable coins value at $158 billion🔥

According to BlockBeats, the total market value of stablecoins has seen a significant increase over the past month. As per the data provided by DeFiLllama, the market value has grown by 6.45%, currently standing at $157.96 billion. This is a substantial increase from the $148.39 billion recorded a month ago on March 25th. This growth indicates a rising interest and trust in stablecoins, which are digital currencies pegged to a stable asset, such as gold or a fiat currency like the US dollar. The increase in market value suggests that more investors are turning to stablecoins as a safe haven amidst the volatile crypto market. This news first appeared on @Binance News

This news means that 158 billion dollars are ready to flow in the market at any second. When the time is right (no one knows when?) The market will Pump so hard. and this 158bn is only the money that can pump the market by 10-15%. There will be more money inflows. Short term whatever may happen. Long term we win inshallah✔️