Deribit Asia Pacific Business Director: If the market rises again next week, this wave of bottoming out may be over
According to Jinse Finance, LinChen, head of Asia Pacific business at Deribit, said that except for a small amount of net outflow on Tuesday and Wednesday and a break on Thursday due to Independence Day, the BTC spot ETF had net inflows on the other days, with a total weekly net inflow of $237.8 million. Market sentiment remained sluggish this week, but BTC rebounded from $54,000 to $57,000. Next Monday, pay attention to the opening of the U.S. stock market. If it rises again, this wave of bottoming out may be over.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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