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$BTC Review
BTC is consolidating at a high level, with multiple significant declines during this period that were all reversed, indicating a relatively balanced market.
- ETF had a net inflow of 8,528 BTC yesterday
- Cetus (SUI ecosystem DEX) was hacked for $260 million, $SUI plunged 15%
- Trump appeared at a dinner
Market demand remains strong, with continued large net inflows into ETFs, and there will still be opportunities for new highs in the future. However, the risk of BTC at $110,000 is very high; whether going long or short, be mindful of costs to prevent being caught off guard.
BTC is consolidating at a high level, with multiple significant declines during this period that were all reversed, indicating a relatively balanced market.
- ETF had a net inflow of 8,528 BTC yesterday
- Cetus (SUI ecosystem DEX) was hacked for $260 million, $SUI plunged 15%
- Trump appeared at a dinner
Market demand remains strong, with continued large net inflows into ETFs, and there will still be opportunities for new highs in the future. However, the risk of BTC at $110,000 is very high; whether going long or short, be mindful of costs to prevent being caught off guard.