Breaking news over the weekend! Bitcoin breaks through 69,000 USD, these two data reveal bullish signals, pay close attention next week!

Just now, Bitcoin broke through 69,000 USD, the market seems to be improving, and there are also two positive signals on the chain:

1) The number of Bitcoins flowing into exchanges is decreasing, which also means that the selling pressure is slowly decreasing, which is a positive signal;

2) The number of stablecoins flowing into exchanges is increasing, and the funds are sufficient, which is also a positive signal. Many friends may not understand why the increase in the number of stablecoins is a positive sign? The increase in stablecoins means that more and more people are willing to exchange fiat currencies for stablecoins to buy crypto assets, which is of course a positive signal.

However, there are still heavy data to pay attention to next week, and we cannot take it lightly.

The United States will release the core PCE data for April at 8:30 pm next Friday, May 31st. This is a core indicator showing whether inflation has been suppressed. If it is higher than expected, it is bearish, and if it is lower than expected, it is a very big positive. Bitcoin is currently less than 5% away from its previous high and may break through at any time.

In terms of operation, the position should be controlled at about 70%, and stablecoins must be kept. If there is an emergency, there are "bullets" to buy at the bottom.

In addition, Ethereum must be held in the near future. If S-1 is approved in June, Ethereum's spot ETF will be officially launched, and it will not be a problem to rise to $4,000 immediately.

Follow me, I will share any breaking news in the currency circle. I have 7 years of experience in the currency circle and 10 years of experience in finance. I am currently working as an analyst at a leading securities firm in China. Maybe I am not the best, but I must be the most sincere.

#现货以太坊ETF获美SEC批准 #BTC走势分析 $BTC