Phyrex
Phyrex|Apr 08, 2025 17:26
Although the price of BTC rose well on Monday, the Oolong incident caused the price of Bitcoin to rise to around $81000. However, in the data of spot ETFs, it can be seen that investors still have strong uncertainty about this rise. American investors did not experience an increase in purchasing power as a result, and instead, the net buying volume remained at zero. Of course, the sell-off is also decreasing, which indicates that investors' wait-and-see sentiment is still very serious. However, the lack of direct purchasing power also indicates that investors' bullish sentiment towards short-term BTC is not optimistic. Tariffs are one aspect, but the more important issue later may be economic, especially the GDP data at the end of the month, which will make investors more cautious. The second quarter has just begun, and the difficulty of trading in April has already become prominent. The combination of economic trends may increase the market's competitiveness. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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