🚨 Cryptocurrency ETF inflows hit record highs, BTC remains sideways


Today's market is quite interesting.
Funds continue to flow in strongly, but prices have not yet broken out.
• BTC is currently trading sideways around $71,800 – $72,800
• ETH remains in the $2,190 – $2,230 range
The most noteworthy point is the ETF fund flow:
• Bitcoin ETFs saw approximately $720 million in inflows within just 24 hours
• BlackRock's IBIT continues to lead in fund inflows
• Total crypto ETP fund inflows this week have exceeded $1.1 billion
• This is the highest level since January
At this moment, it feels very much like a “compressed spring” phase
Funds are flowing in strongly, but prices haven't immediately reacted
Usually, this kind of trend doesn't last too long
Brothers, keep a close eye on this phase
Sideways trading, but definitely not “calm”
BTC-0,26%
ETH-1,68%
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