Good morning ☀️
#Bitcoinhas started the new week on a positive note.
Last week, ETF inflows were at a great level. Since the ETF approval, 458 thousand#BTChave been purchased by ETF investors.
Even as the price continues to rise by refreshing the ATH, the fact that ETF inflows continue is extremely positive.
On the other hand, there is no major change in other data.
🔹Spot CVD is on the rise.
🔹Whale activity is positive.
🔹ETF inflows continue.
🔹Retail long ratio is low.
🔹Fundings are at normal levels.
Technical data generally looks positive. The $100k trial will increase interest in the market and attract new investors.
Therefore, we need to go above $100k and hear Bitcoin news in the mainstream media.
As long as Bitcoin continues to inspire confidence in this way, altcoins will offer good opportunities. You will see more altcoin analysis very soon and our main focus will be altcoins.
Although there are minor corrections, I think the main trend is positive and the increases will continue for a while, friends.
I wish everyone a nice day and lots of profit.