Post
Sohaib jutt
đš BTC & ETH spot ETFs are both seeing outflows â is the market losing momentum?
This is the kind of signal Iâd be watching closely right now. đ
Why are both flowing out at the same time?
1ïžâŁ Traders are taking profits
Some bulls positioned ahead of the nonfarm payrolls. Once the data came out and the bullish expectations were priced in, institutions may have chosen to lock in profits instead of chasing higher.
2ïžâŁ Institutions are becoming more cautious
#DailyOrbit
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1#FedSeptemberMinutes
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