The US spot Bitcoin ETF had a net inflow of 283 coins yesterday (May 23), worth US$19 million.
BTC: U.S. spot Bitcoin ETF holdings have reached a record high, currently holding 850,000 bitcoins, and global ETF holdings are close to 1 million. On May 23, the U.S. spot Bitcoin ETF had a net inflow of 283 Bitcoins, worth US$19 million. This shows that market demand for Bitcoin remains strong. Yesterday, it closed a spindle line. Bitcoin is still fluctuating at a high level. There may be some adjustment pressure in the short term, but the overall bullish trend is still there. Players should pay attention to changes in trading volume and MACD indicators, as well as the further impact of ETF holdings dynamics on the market. During the bull market, you can just hold the currency in the long term.
ETH: Ethereum’s market performance rose significantly following the news that a spot Ethereum ETF was approved by the U.S. Securities and Exchange Commission (SEC). Yesterday, a high-volume trend line was closed, and the trading volume increased significantly, but the long-short competition was extremely fierce! The market is currently in a bullish trend. In addition, the RSI indicator is 82.35, which is slightly overbought. A slight correction may occur in the short term, and the magnitude of the correction may be limited. It is expected that the bulldozer mode may be activated in the market outlook, showing a volatile upward trend along the 5-day and 10-day moving averages. During the bull market, you can just hold the currency in the long term.
The SEC approved the 19b-4 documents for eight spot Ethereum ETFs, including big-name fund companies such as BlackRock, Fidelity, and Grayscale, but they need to wait for the S-1 registration statement to take effect before they can be officially traded. This process usually takes several months, but it may be accelerated this time, and it is expected that ETF trading may be opened as soon as June. #BTC走势分析 #新币挖矿 #ETH #BTC #5月市场关键事件 $BTC $ETH $SOL