The summary is as follows:
Bitcoin pullback risk:
Glassnode analysis shows that Bitcoin may soon experience a sharp pullback. If you have a profitable position, you can consider reducing it by one-third and wait until the price reaches a low level before taking it back to control risks.
Bitcoin ETF capital inflow:
The US spot Bitcoin ETF has had a net inflow for 6 consecutive days, with an inflow of US$514.43 million, and funds have been flowing in.
Fear and Greed Index: The cryptocurrency fear and greed index has risen to 88, which means that the market is now in an extremely greedy state, with both risks and opportunities. It is recommended to reduce positions appropriately and control risks.
Tether issuance: Tether has issued US$5 billion in USDT in the past 5 days. Now the liquidity in the market is quite sufficient, and the dealer may pull the market at any time.
Altcoin rotation: When Bitcoin has a pullback or shock, the altcoin sector will rotate and soar. It is necessary to seize the start-up opportunity that appears every 15 minutes.
Potential of AI sector: Nvidia will release its financial report next week. By then, the AI sector is likely to start up. You can ambush FET, WLD, ARKM, RNDR and other coins in advance.
BTC search popularity: In Google search popularity, Bitcoin ranks first. There are a lot of new funds entering the market. The bull market is still continuing. Don't short it. Keep a cautious and optimistic attitude.
