Good morning☀️

#Bitcoinhad a good start to the new week. Approximately $500 Million ETF purchases were made every day last week.

Coinbase also started purchasing again after the price exceeded 100 thousand. The recent rise is spot-supported and seems healthy since it was led by Coinbase purchases.

On the other hand, other data remains positive.

🔹 Whale activity increased to +23.

🔹 Funding rates are at normal levels.

🔹 Long rates are low.

🔹 ETF purchases continue.

🔹 Long liquidations have been cleared.

Technical and fundamental data generally support the continuation of the rise.

The FED will announce its interest rate decision on Wednesday. In addition, since economic projections will be published at this meeting, it will be a very important interest rate decision and will directly affect the markets.

I will share a more detailed post on what may happen on Wednesday, friends. I wish everyone a good week and plenty of earnings.