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ETF funds are still continuously flowing out—if you want to track whether the trend has changed, just keep an eye on this data! Big money is smart; once a trend starts, it doesn’t change easily. With funds continuously flowing out, the downward trend won’t reverse. Right now, the market isn’t dropping further only because there’s strong support around the $60K level, and a lot of funds are buying the dip here. But once the dip-buying funds are exhausted and selling pressure doesn’t ease, a new round of declines will begin. The overall macro environment isn’t looking good—U.S. stocks are at high levels, rate hike expectations are increasing, and new funds aren’t coming in. A drop is inevitable! Historically, the bigger the key level, the more likely it is to break down. Unless you’re planning to hold long-term, the current stage is better suited for swing trading or staying on the sidelines.

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