Over the past 24 hours, net inflows to Binance reached 2.2 billion dollars!
What does it mean?
In simple words, it means that the major players in this market and investors in particular have confidence in the continuation of the global bull market.
In other words, after a big sharp correction, we saw a strong buyback. It shows that people have the confidence to continue growing. Many took advantage of the "discounts" wisely.
The low Fear and Greed indicator confirms this trend. Knowledgeable people take advantage of this time and stuff their bags while others panic and get rid of their assets.
This pattern has always worked in all markets. That's why the rich get richer and the poor get poorer.
I repeat one more time - think like rich people.