Judging from the inflow of Bitcoin and Ethereum ETFs of BlackRock today, the inflow has doubled. You can understand that institutions continue to enter the market. The PCE in the evening 🇺🇸 was in line with expectations. The three major US stock indexes opened higher, and the three major A-share indexes continued to strengthen with large volume. The Shanghai Composite Index approached 3,100 points, which was so exaggerated that the server collapsed. It was really the Spring Festival Gala of the entire J-financial market, and confidence was also consolidated.
At present, Bitcoin has finally broken through the strong resistance and stood on the critical point of the 200-day moving average. The small level has basically stabilized above 65,000. Tomorrow is the weekend, and there is a lack of ETF inflows. Continue to observe whether it will continue with a narrow range of fluctuations. It mainly depends on the performance of the copycat. Everyone can pay attention Let's talk about the defi sector
It is worth noting that today is also the option delivery day for the third quarter. The pain point of Bitcoin delivery is around 61,000, and Ethereum is around 2550. This is also a large-scale support. If it really goes south, you will miss out if you don't make a layout.
The fourth quarter will be a good start, with CZ's return, the US election, and the expected second interest rate cut
Of course, going south and then intervening is the most ideal way recently. If you don't go south, go all the way north. How to get opportunities depends on your own choice or follow me❤️
