#加密货币ETF热潮 Recently, I've seen some new updates about Bitcoin ETFs and thought it was worth sharing. IBIT's short positions have dropped significantly, almost back to the levels before the April rally, which is a good sign. ETF inflows are providing buying support for Bitcoin, helping it stay in the $84,000–$90,000 range. However, it's important to note that on-chain pressure is still relatively high, with about one-third of Bitcoin's supply currently at a loss. For those interested in getting involved, I recommend paying attention to the moves of long-term holders and institutions, as they are selectively increasing their holdings. There may be short-term volatility, but in the long run, ETFs should have a positive impact on the market. You can patiently observe and look for the right opportunity to participate.
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#加密货币ETF热潮 Recently, I've seen some new updates about Bitcoin ETFs and thought it was worth sharing. IBIT's short positions have dropped significantly, almost back to the levels before the April rally, which is a good sign. ETF inflows are providing buying support for Bitcoin, helping it stay in the $84,000–$90,000 range. However, it's important to note that on-chain pressure is still relatively high, with about one-third of Bitcoin's supply currently at a loss. For those interested in getting involved, I recommend paying attention to the moves of long-term holders and institutions, as they are selectively increasing their holdings. There may be short-term volatility, but in the long run, ETFs should have a positive impact on the market. You can patiently observe and look for the right opportunity to participate.