It has been said that 60,000 is not the lowest point, and now is not the time to take the long position, because you will find that the decline is very fast, and there will be risky to take the long positions. Anyone with trading knowledge will not let you take the long positions and keep holdding them in a day, because it is obvious that BTC has pulled back at 58,000 for 4 times, and it is impossible to rise from around 58,000 this time‼ This the most basic trading common knowledge‼ According to this trend, we just can take the long position in short period, but this is a rsiky operation. #HongKongCryptoHub #MayMarketHighlights #Megadrop #bitcoin

🚨 $BTC #ETFNet Inflows on May 1, 2024: -$564 million!
• This marks the biggest single-day outflow ever for the 10 #BitcoinETFs.
• All 10 Bitcoin ETFs experienced outflows, with #BlackRockiShares Bitcoin Trust $IBIT seeing outflows for the first time since it began.
• Negative net inflows have persisted for 6 straight trading days, the longest such streak in history.
#MayMarketHighlights #Megadrop