Last Friday, the data for $ETH and $BTC was not very different, both showing very minimal net outflows. More investors are still waiting to see the trends of the upcoming cryptocurrencies, but overall, the trends of cryptocurrencies are quite similar to those of the US stock market, just more like an amplifier of American sentiment. When investors also have good expectations for the US stock market, at least, large-scale sell-offs in cryptocurrencies are rare.

In the recently concluded data for Week 91, traditional American investors net purchased 56,000 ETH, which is nearly double compared to Week 90. The conclusion drawn is almost the same as for Bitcoin; if there is no continued positive support, buying power will start to decline. Even if investors are not in a rush to sell, the buying sentiment will also decrease.

#Bitget VIP, lower fees, better benefits

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。