๐ The approval of Bitcoin spot ETF trading led to profit-taking, but the price recovery is seen as a mid-term high. Downward pressure may be limited due to lower U.S. Treasury yields and optimism about Fed rate cuts. Strong support levels at $40,000 and $38,000. Bitcoin spot ETFs could attract traditional asset managers, but self-custody remains competitive due to lower fees. ๐ฑ๐ข #BTCETFSPOT #CryptoAnalysis ๐๐ผ
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