Regarding the trend status of Bitcoin
Simply ignoring tonight's CPI data, this price is a very good area for long-term buying.
If the CPI is negative, you can take advantage of it to buy long-term spot positions in the $91,000-$94,000 range
Of course, I do not recommend contracts; after all, you all play with high leverage, and we are still in a washout and consolidation phase.
Bitcoin ETF saw an inflow of $439 million yesterday
Ethereum ETF saw an inflow of $224 million yesterday
PS: There are still ETFs yet to be announced, such as BlackRock's ETHA
I heard Bitcoin reached $100,000, and the old OGs are selling?
Did all the capital go to Wall Street's ETF?
Of course, Bitcoin reaching $100,000 is also a long-term phased victory!
Whether for ultra-long-term or long-term investors, there may be actions to sell some profits.
There will also be washout actions in contracts, as the open interest and funding rates have reached certain extremes.
But the bull market is still ongoing!
The first wave of a major washout will not mark the end of the bull market trend; the second and third waves might...
Just hold your spot positions steady and continue to wait for time to validate!
#BTC
