Today's News‼️
⭕️ Total net flow into Bitcoin ETFs: -$68.19M;
⭕️ Total flow into ETH ETFs: -$66.11M;
🔴 Fear/Greed Index: 19 - fear;
🔴 Altcoin Season Index: 51;
🔴 According to a CryptoQuant analyst, Bitcoin futures leverage dropped significantly following the June correction, with open interest falling faster than the BTC price;
🔴 Monitoring data shows BlackRock deposited 2,400 BTC and 38,337 ETH to Coinbase;
🔴 Bitcoin's historical seasonality weakens during the summer, with average and median monthly returns typically declining until September;
🔴 According to Galaxy Research, the Bitcoin price has fallen approximately 49% from its cycle high, making this decline far less severe than the 70–90% crashes seen in previous cycles;
🔴 Analyst checkonchain: Only 52% of the total Bitcoin supply is in profit—one standard deviation below the mean; such levels are characteristic of market bottoms;
🔴 China is implementing an austerity policy, cutting its budget deficit for the first time since 2023 (Bloomberg);
🔴 Retail investors are currently pouring money into semiconductor stocks at an unprecedented rate;
🔴 Share dilution at MicroStrategy has become impossible to ignore; the stock price is currently hovering near its lowest level in 783 days;
🔴 The US Dollar Index has reached a 13-month high.
Wishing everyone profits✊️
⭕️ Total net flow into Bitcoin ETFs: -$68.19M;
⭕️ Total flow into ETH ETFs: -$66.11M;
🔴 Fear/Greed Index: 19 - fear;
🔴 Altcoin Season Index: 51;
🔴 According to a CryptoQuant analyst, Bitcoin futures leverage dropped significantly following the June correction, with open interest falling faster than the BTC price;
🔴 Monitoring data shows BlackRock deposited 2,400 BTC and 38,337 ETH to Coinbase;
🔴 Bitcoin's historical seasonality weakens during the summer, with average and median monthly returns typically declining until September;
🔴 According to Galaxy Research, the Bitcoin price has fallen approximately 49% from its cycle high, making this decline far less severe than the 70–90% crashes seen in previous cycles;
🔴 Analyst checkonchain: Only 52% of the total Bitcoin supply is in profit—one standard deviation below the mean; such levels are characteristic of market bottoms;
🔴 China is implementing an austerity policy, cutting its budget deficit for the first time since 2023 (Bloomberg);
🔴 Retail investors are currently pouring money into semiconductor stocks at an unprecedented rate;
🔴 Share dilution at MicroStrategy has become impossible to ignore; the stock price is currently hovering near its lowest level in 783 days;
🔴 The US Dollar Index has reached a 13-month high.
Wishing everyone profits✊️