Chasing the rise and cooling down, BTC rose over 14% weekly but had a net outflow of 1.6 billion US dollars. Is this the starting point?

BTC has risen 14.16% in the past 7 days, but the chasing sentiment has cooled down. This statistics shows that the panic and greed index has fallen from 78 to 71, still in the greedy zone; BTC had a net outflow of $1.608 billion within 24 hours, and the price increase deviated from the flow of funds. At this time, it is even more important to wait for signals of acceptance before getting on board. Opportunities are also dividing. SUI, ADA, and DOGE have risen 49.64%, 30.47%, and 27.32% respectively in the past 7 days, all outperforming BTC. Among them, SOL and ADA had a total net inflow of 216 million US dollars within 24 hours, which can be included in the rotation observation list. However, the higher weekly increase also means that entry costs need to be more cautious. Whether buying can continue is the key to determining the timing of entry. During the statistical period, the entire market cleared $1.15 billion within 24 hours, with short positions accounting for approximately 57%; BTC once had a total spot order of 17.09 million US dollars, with an average price of 86657 US dollars. Short selling and active buying coexist, and it cannot be confirmed that the upward trend will continue. In terms of operation, if BTC stabilizes at $86000 and rebounds to $86657 with continued buying, it may be considered to participate in small positions in batches; If it falls below $86000 and cannot be recovered, the entry will be postponed. The points are from this material, please check the latest trend before placing an order. Approximately $18.1 billion worth of BTC and ETH options will expire on Friday, and short-term attention should be paid to fluctuations before and after expiration to avoid amplifying leverage. Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.