WHAT THE PICTURE means for crypto trading
1. Market is news-driven right now
Top headlines mention:
ETH / DeFi raises
IBIT options surpassing Deribit (institutional Bitcoin demand)
USDT freezes linked funds (regulatory/compliance risk)
BTC Spot ETF inflows $2.1B+ (bullish demand)
Litecoin vulnerability fix (coin-specific reaction)
• This means traders are reacting to:
Institutional money flows
Regulation/government actions
Security/news events