Market alarm sounds: Funds and ETF buying are in deep trouble
On January 8, 2025, the market situation took a turn for the worse. On the financial side, the supply of USDT remains stable, but USDC drops sharply by 370 million pieces. The previous positive trend has come to an abrupt end, which puts market liquidity under pressure and trading activity may be affected.
The ETF market is also bleak. The Big Pie and Ether ETFs were still seeing net inflows the day before, but they suffered heavy sell-offs yesterday, with net outflows of up to US$413 million and US$78.8 million respectively. Investor sentiment has changed significantly, and there are obvious signs of capital withdrawal.
The U.S. market is also showing weakness. The Coinbase Bitcoin Premium Index has changed from positive to negative, which means that local demand is weak. As a key market, its demand fluctuations will affect the whole body, causing global market fluctuations and investor uneasiness.
In short, funds, ETF buying and US buying have all deteriorated. Investors must act with caution and pay close attention to market dynamics to prevent risks.
