BTC data also declined due to Thanksgiving. There was no obvious increase in holdings in the past 24 hours. A total of 545#BTCflowed into the 12 US ETFs. BlackRock and#ETHhad no new inflows, while Fidelity and Bitwise had inflows in ETH and BTC. In terms of selling, GBTC sold the most.
Judging from the data, the FOMO sentiment of American investors has subsided again, but we cannot rule out that this is due to the holiday. After all, we have done many statistics and know that the last working day before the US holiday is often the day with the worst data, so the focus is still on the opening of the US stock market.
However, due to the sentiment of early closing on Thanksgiving and Black Friday on Friday, the trading volume is expected to remain low, and user sentiment will not change much. For investors, what can be expected is Michael's speech at Microsoft next week and Microsoft's vote on December 11th Beijing time. These two points are the focus of market concern, so before that, I will be more cautious on both long and short positions, and may participate in the game. After all, for me, the chances of winning will be higher if I play now.
If the vote passes on December 11, it goes without saying. Even if it does not pass, BTC's rise is still expected on January 20. At most, there will be some corrections in between. When Trump officially completes the transfer of power, that should be the time when the biggest trend is expected.
Of course, this is just my personal opinion, not an investment recommendation, because if you are worried that the vote will not pass, then there is a possibility of a correction between December 11 and January 20, and the probability of passing is about 50% (previously 30%). The reason for the increase is that more and more companies are starting to take advantage of the "BTC" hotspot. If Microsoft wants to increase its stock price in the short term, it is also the best choice to submit a better answer before the end of 2024.
But after all, there are more traditional market people within Microsoft. It is reasonable for them to be unwilling to take advantage of the hot spots and to increase the stock price through BTC. So before there is any new information, this is my opinion.
The data has been updated, address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing
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