Regarding the trend status of Bitcoin

Simply ignoring tonight's CPI data, the current price is a very good medium to long-term buying area.

If the CPI is negative, one can take advantage of the downturn to buy medium to long-term spot at the $91,000-$94,000 range.

Of course, contracts are not recommended, as you are all playing with high leverage, and we are still in a washout and consolidation phase.

Bitcoin ETFs saw an inflow of $439 million yesterday.

Ethereum ETFs saw an inflow of $224 million yesterday.

PS: There are still ETFs that have not been announced, such as BlackRock's ETHA.

I heard that when Bitcoin reaches $100,000, the old OGs are selling?

All handed over to Wall Street Capital's ETF?

Of course, Bitcoin reaching $100,000 is also a long-term phase victory!

Whether for ultra-long-term or long-term investors, there may be some selling to take profits~

Additionally, there will be washout actions in contracts, as the open interest and funding rates have reached certain extremes.

But the bull market is still ongoing!

The first wave of major washouts will not be the end of the bull market trend; the second and third waves are more likely to be…

Just hold onto your spot positions steadily and continue to wait for time to validate!

BTC

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