Big news! $BTC spot ETFs have been frequently outflowing during the New Year in the United States, but the price has soared all the way, approaching the 100,000 mark!
Is this a good start for the Year of the Ox, or is it going to collapse at the opening?
The latest data tells you that BlackRock has recently sold a large number of BTC spot ETFs, with a total of 3567.33 pieces, and it has been selling for 4 consecutive days!
However, $ETH is quite stable. It bought a lot the day before yesterday, and yesterday it had a net inflow of 15,700 pieces, which is really unpredictable.
Speaking of the point, the US stock market will open after Christmas, and whether the BTC price can be stabilized is really a question mark.
After all, the United States is now in a carnival, but the ETF is net outflowing. Can this market hold up?
Let's talk about the market. I was bullish when it was 94,000 yesterday, but it was only a few hundred dollars short of 100,000.
However, this rebound was really fierce. In the absence of good news, it actually rose by 7,000 dollars!
Altcoins also recovered, especially those related to Grayscale and the Trump family, which rose a lot.
There are two reasons for this rebound. One is that the daily line returned to the zero axis from a technical perspective, and the other is that everyone was waiting for 90,000 to receive the chips, but it turned out to be not so easy to receive.
So I suggest entering the market with a 30% bottom position and holding it well. At the same time, I also said that there will be another downward exploration, because the signal column of the MACD3 daily line cannot be only one.
Today, the second red column has been walked out, and there may be a shock callback in 6-12 hours.
Then the mainstream currency fell, is the altcoin finished again?
I don’t think so. The total market value of altcoins is still spiraling upward. This time it fell sharply, but the market value is still much stronger than in November.
So the market next month will definitely not be bad, don’t worry.
In terms of operation, for spot entry, the contract can be short-term high today and tomorrow. If the spot is not finished, continue to hold it well. If it is finished, take profit and sell high and buy low.
On the ETH side, the drop from 4100 is too sharp, and it will take time to repair. If you hold the spot at 3200, you can go short at 3550-3650.
As I said before, it is safest to use spot as a base position. Buy in batches when it falls, and go short when it rises, and make money steadily!
For the next layout direction, I will lead everyone to aim at the profit opportunities of the copycat. There is no problem with the expected space of more than 10 times. Like + leave a message, and I will lead you to layout the entire bull market together!