
Phyrex|Apr 07, 2025 16:40
Last Friday, the data for spot ETFs was not very good, which should have been within everyone's expectations. The US stock market fell so much, and although BTC hardly fell at that time, it still did not arouse investors' buying interest. Of course, the selling volume was not high. US investors sold a total of 2027 Bitcoin, with almost every company selling hundreds of them, which is not much, while buying was completely zero.
This also represents that investors' emotions did not bet on BTC's short-term resistance. In fact, from a God's perspective, there was a decline over the weekend. If buying on Friday was indeed a loss, American investors are no longer interested in blindly buying. Moreover, MSTR did not increase any holdings of Bitcoin this week, which shows the market sentiment.
From the weekly data, the data for the 64th week is not good. In the 63rd week, the net inflow and net buying in the United States were both over 1000 coins, which is not much, but can indicate signs of emotional recovery among American investors. However, in the 64th week, the net outflow and net buying were both negative at over 2000 coins, with a gap of more than 3000 BTC. Now even BTC is becoming more and more like a bear market.
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