🚀 Bitcoin ETFs Bounce Back: $436M Inflow Signals Market Shift!

#Bitcoin ETF products saw a surprising turnaround last week, with an inflow of $436 million after enduring an outflow of $1.2 billion. This surge came as market expectations shifted significantly regarding a potential 50bps rate cut on 9/18

Meanwhile, $ETH continued to disappoint with a $19M outflow, likely due to concerns over declining revenues following the Decun update. In contrast, #Solana marked its fourth consecutive week of inflows, pulling in $3.8M

At this point, most of the capital is flowing into Bitcoin, so it might be wise to focus on buying $BTC rather than altcoins for the time being

🚀 Over the past week, #Bitcoin ETFs have made a strong comeback, with positive inflows surpassing $400M. This has pushed the price of $BTC up by more than 10%, reaching $60k

👉 While this is a highly positive signal for Bitcoin, investors should remain cautious. Next week will be a critical period in determining Bitcoin's upcoming trend, as the #Fed is set to announce their first interest rate cut in over 2 years

The Fed's decision will be revealed on August 18, so it’s advisable to wait for the official announcement before making any major moves 💪

#fed

🙏 $60K #BTC Surge! But Here’s Why the Market Might Drop Soon

$BTC surged to $60K today, pushing #Bitcoin dominance up to nearly 60%. This could be the market reacting early to the upcoming Fed interest rate announcement on September 18th 🥲

If you haven’t entered the market yet, don’t FOMO at this point. With BTC dominance on the rise, if $BTC crashes and dominance continues to climb, altcoins are likely to bleed further

Additionally, another signal came from #MicroStrategy, which bought more BTC yesterday. Historically, when they buys BTC, the market tends to dip afterward

👉 Finally, BTC’s CME gap at $54K is still unfilled, so we can’t rule out the possibility of a BTC drop following the rate news to fill the gap before it takes off again

🐋 Whale Alert: This Smart Trader Cashed $25K in 6 Days – Now Buying More $NEIRO 🔥

On September 4th, they used $6,947 to buy $NEIRO, and locked in profits of over $25,700 in just 6 days 👀

🚀 It's safe to say that they have impressive timing, as their trading history shows many successful trades that have brought in huge profits

TODAY, they used $11,000 to buy back $NEIRO at an average price of $0.1685 💪

#Neiro #meme

After the release of yesterday’s excellent #CPI report, the number of investors expecting the #Fed to cut interest rates by 0.25% surged to over 85%. Meanwhile, the likelihood of a 0.5% cut just around 15% 🚀

A 0.25% rate cut by the #fed would be positive news for financial markets, as it would help ease concerns about a potential recession 💪

🚀 U.S. inflation data for August has shown promising signs 💪

👉 CPI Y/Y reached 2.5%, in line with expectations, and down from 2.9% last month.

👉 Core CPI Y/Y held firm at 3.2%, as predicted, and unchanged from the previous month.

With inflation nearing the Fed's 2% target, the stage is set for a potential interest rate cut on September 18

The crypto market reacted swiftly, with $BTC experiencing a slight correction following this news 🤔

🤔 Will BTC Surge in Q4 2024? Key Technical Patterns to Watch!!!

Based on technical analysis, the current phase of $BTC closely mirrors the 2020 cycle, when the price repeatedly touched the lower edge of the trendline

The last touch was during the black swan event of COVID-19, which sparked a strong market rally

👉 Currently, $BTC has touched the lower trendline 4 times, with the most recent being after the Yen Carry Trade event, which caused significant volatility in both the stock and crypto markets on August 5th, 2024.

Based on historical data, $BTC could break through the recent high around the 65,000 USD, establishing a new uptrend. This could set the stage for a strong growth phase in Q4 2024 💪

🗓 Important US economic event 🇺🇸 will be announced tonight!! PAY ATTENTION

That is the CPI index - the leading inflation measure of the US economy. The result will be announced at 8:30 am (US time), which is 7:30 pm Vietnam time. This index plays a decisive role in how the Fed will adjust interest rates in the coming time, so it will have a big impact on the price of $BTC 👀

👉 Currently, the CPI is predicted to be at 2.6% - down 0.3% compared to the previous announcement (2.9%). Meanwhile, Core CPI is expected to remain at 3.2%

There is a high possibility that the market will have big fluctuations around this time. So everyone pay attention to avoid being swept SL 💪

🚀🚀 I LONG $BTC last night and made a profit of more than 1k USD

This is the reason why I entered this Long order. Everyone, please refer to it!!!

👉 First, after $BTC fell sharply to the 52k area, it created a very beautiful Marubozu candle with strong buying power

👉 Next, #BTC has recovered relatively well since the 52k bottom area, the price of #Bitcoin❗ has also created a clear uptrend on the H1 frame.

As I have said many times before "Trend is Friend", so never go against the trend, the best way is to Long when the trend is up and Short when the trend is down

👉 The RSI also creates an uptrend when the next bottom is higher than the previous bottom. RSI is one of the important indicators that helps determine buying and selling power

🔗 From there, I decided to Long BTC at the price of 55k USD and now have a profit of more than 1k USD. My target for this order is when BTC reaches 60k USD, I have moved SL to entry to avoid risk 💪

GOOD NEWS FOR #Bitcoin ETF

After 2 consecutive weeks of outflow, today $BTC ETF recorded a positive signal with inflow reaching 28.6 million USD

Although this inflow figure is quite modest compared to previous days, this is also a good sign for crypto investors because Wall Street funds have become less fearful and have continued to net buy

Meanwhile, the situation of ETF #Ethereum is still not too positive when it continues to record a series of 6 consecutive days of outflow with -5.2 million USD

The gloom of the market, along with the lack of staking options for Ethereum ETFs, is said to be the reason why these funds have become less attractive in the eyes of institutional investors

#BitcoinETF #EthereumETF

📌 ATTENTION EVERYONE!! $BTC is having a CME Gap in the 54k - 54k5 range

According to statistics, more than 95% of CME Gaps will be filled. Therefore, it is not impossible that $BTC will fall to the 54k range in the near future 👀

Currently, the market is quite sensitive to concerns about economic recession, so everyone should pay attention not to place many orders to avoid being swept SL 🔥

When the market has a clear trend, I will notify you to place orders later

#Bitcoin #tradingStrategy

🗓 TRADING PLAN $BTC 9/9

So the recovery of $BTC C to the 54k - 56k zone has been completed. It can be seen that when the price touched the 56k zone, it was immediately pushed down - Proving that this is a strong resistance zone of $BTC 💸

👉 Because the price is in a sensitive zone, the safest way to play is to follow the trend. When the price touches the resistance, short down, if it breaks through the 56k zone with strong volume, switch to long because there is a high possibility that #BTC will reach higher levels

👉 Currently, the main trend is still down, so you should limit FOMO long at the present time and wait for the price to break through the 56k zone to be more certain

#Bitcoin #Trading #tradingStrategy

🗓 #Bitcoin ETFs See $706 Million Outflows This Week

Most major funds saw outflows, led by Fidelity's FBTC with an outflow of $85.5 million, followed by Grayscale's GBTC with $52.9 million

What's worrying is that the continuous outflow streak of ETFs #Bitcoin has extended to the 8th day 🥲 In particular, there was a trading session that recorded a record outflow of -$289 million - This is the second largest outflow day in Bitcoin ETF history

👉 It seems that Wall Street is panicking about the risk of a financial recession, and investors have quickly dumped $BTC ETFs to minimize risks 🙏

#BitcoinETFs #ETFs #BitcoinETF

📌 ATTENTION AE!!! This is a good time to buy $STRK

One of the projects that Vietnamese people have been most excited about in the past is #Starknet - $STRK 🔥

💪💪 As one of the Layer 2 projects using#ZKtechnology, Starknet has successfully raised nearly 300 million USD from large funds in the#cryptomarket. Notably, among these, we must mention the investment participation of Vitalik Buterin - Founder of #Ethereum

This proves that the project has a very good technology foundation to attract so much money. It's just a pity that the initial FDV was too high, causing the price to drop /6 times from the peak 🥲

🚀 In terms of technical analysis, after a sharp drop of nearly 70% from the peak, STRK is accumulating around $0.35 - $0.4. This is considered an important support zone, STRK keeps the price stable despite the fact that $BTC has decreased by more than 15% in the past month. Not only that, this token also grew strongly by more than 23%

👉 I consider the current price zone of $0.45 to be a good opportunity for AE to buy, and can DCA more if the price drops to the support zone of $0.35 with the goal of holding for a long time

#Starknet #Layer2 #ZK #ZeroKnowledge

🔗 After the important US economic news was released yesterday, the percentage of investors who believe that the Fed will cut interest rates by 0.25% at the FOMC meeting on September 18 has skyrocketed to 70% 🔥

Meanwhile, the percentage predicting that the Fed will cut interest rates by 0.5% is now only 30% 🙏

This is considered a positive signal for #Bitcoin, because if the US economy is stable, the#Fedonly needs to adjust slightly by 0.25%. However, we still have more than 10 days to monitor the situation before coming to any conclusions.

I will update the situation continuously so that everyone can grasp it in time! 👍

🗓 TRADING PLAN $BTC 7/9

As I analyzed before, when $BTC fails to hold the 58k support zone, it is highly likely that it will be pushed back to the 50k - 52k zone. That is why I told you guys to short from that zone until now 😂

👉 When the price touches this price zone, there will likely be a slight recovery to the 54k - 56k zone

However, if the selling pressure continues to dominate, we may see $BTC return to the 4x zone in the near future

I will closely monitor the reaction of $BTC at the resistance zones. As soon as there is a signal of spot accumulation, I will notify you guys to collect goods 💪

📢 TODAY'S US ECONOMIC NEWS RESULTS 💥

📌 Non-Farm Payrolls:
- Expected: 164K
- Previous: 144K
- Actual: 142K

📌 Unemployment Rate:
- Expected: 4.2%
- Previous: 4.3%
- Actual: 4.2%

US economic indicators continue to show positive results, increasing expectations that the FED will cut interest rates from 0.25% - 0.5% 🌟

🔥 $BTC immediately jumped to the 67k area - Long brothers are taking a big hit 🤑🚀

#Nonfarm #Fed

🔥 UPDATE #Bitcoin and #Ethereum ETFs on September 6

💔 Bitcoin ETF: -211.1 million USD
😔 Ethereum ETF: -0.2 million USD

🚨 Bitcoin ETF continues to suffer a huge capital withdrawal of over 200 million USD, causing the price of $BTC to plummet to 55,000 USD. This is the 7th consecutive day the market has faced negative cash flow

Leading the capital outflow is the Fidelity fund (FBTC) with $150 million withdrawn, while the BlackRock fund (IBIT) remains unchanged at $0

With the $ETH ETF, the cash flow also recorded a capital outflow of -0.2 million USD 🥶

➡️ It is likely that many investors are dumping Bitcoin ETFs due to concerns about the risk of a financial recession 💸

#BitcoinETFs #EthereumETF

Important news affecting $BTC will be announced today!

At 8:30 AM ET (equivalent to 7:30 PM Vietnam time), a very important news will be announced, expected to have a strong impact on Bitcoin in the near future.

That is the report on the US unemployment rate - an indicator that determines the interest rate policy of the Federal Reserve (Fed). Currently, the prediction for the US unemployment rate is 4.2%.

If the actual figure exceeds 4.2%, this could be a sign that the US economy is in trouble, facing the risk of financial recession.

In this context, the Fed may be forced to cut interest rates sharply by 0.5%, opening up new fluctuations in the financial market and significantly affecting the price of Bitcoin.

Please pay close attention to this information!

#Fed #News #Bitcoin

📌 Yesterday's $BTC beard withdrawal phase has swept away all liquidity in the 56k area

Currently, the liquidity zone concentrated in the area around 57k and 55k is quite large

At times of lack of liquidity, BTC often tends to sweep areas with high liquidity

Those who trade scalping can watch these 2 areas to trade by going long when the price drops to 55k and short when the price goes up to 57k 🚀