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1. For the fifth consecutive day, spot ETFs have seen a net inflow of 70.5 million yuan, but BTC has turned to a net outflow of 84.9 million yuan. ETH and BTC have once again diverged, with ETH showing strong performance but low spot trading volume, indicating that the current market belongs to the stock fund game, with institutions changing hands and active funds from large and retail investors optimistic and bullish.
2. On a technical level, there has been a rebound within 4 hours, with the short-term moving average rising, but the daily average is bearish, falling below the 7-day moving average and entering a multi cycle contradictory trend.
Pressure range: 1765~1785
Support range: 1730~1710
3. Operational suggestions
Multi cycle contradictory trends, increasing difficulty in short-term operations, and the possibility of a sharp rise or fall. Control your position and operate accordingly.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.