This week, most of the funds in the Bitcoin spot ETF have flowed out.
This indicates that many investors are withdrawing their money.
Funds are flowing out, but Bitcoin's price is still holding up well, not crashing. What do you think it's trying to do?
This round of retracement to the previous break below 98,000 and the 4-hour support level means it needs to reach around 89,000 before starting a new bull market aiming for 113,000.
Ethereum clearly shows an extremely weak structure, unable to break the resistance at 3,560, continuing to decline. Those who went long around 100,000 will likely get trapped!
