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$BTC Review
The lowest point of this BTC pullback was $101270, and so far it has rebounded by ~3000U, fully in line with expectations.
- A large outflow occurred from the ETF yesterday
- USDC and USDT issued an additional 1 billion on the TRON chain, which is positive
- FTX started repayments on May 30, distributing over 5 billion dollars in funds, which is positive
Yesterday, it was indicated that the consolidation is about to end and a new high is expected, with a long entry point at $101282, which is completely consistent with the market. The outlook remains as expected.
The lowest point of this BTC pullback was $101270, and so far it has rebounded by ~3000U, fully in line with expectations.
- A large outflow occurred from the ETF yesterday
- USDC and USDT issued an additional 1 billion on the TRON chain, which is positive
- FTX started repayments on May 30, distributing over 5 billion dollars in funds, which is positive
Yesterday, it was indicated that the consolidation is about to end and a new high is expected, with a long entry point at $101282, which is completely consistent with the market. The outlook remains as expected.
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