BTC disk analysis on June 20
Hello everyone, today is the sixth day of recording. With the reactivation of the ETF application market submitted by BlackRock subsidiaries, the market trading volume has increased significantly. So far, the spot trading volume is 1 billion and the contract trading volume is 11.1 billion.
Judging from the market, it is obvious that only BTC is rising, indicating that most of the market's rise is due to individuals or institutions stockpiling goods stimulated by ETF applications. When the market trading volume is bleak, BlackRock submitted an ETF application to explain the The company has sufficient confidence in the future Bitcoin market, and this wave of operations has also activated the enthusiasm of most people in the market for bargain hunting. Whether it is BlackRock or institutions that stock up on goods, whether the ETF application can be successfully passed will not affect their investment in BTC. The market is crashing, and there may be a bigger conspiracy brewing in it. Is it really appropriate to buy bottom-line goods at this position?
