Wed, 11 Dec 2024 > Altcoin rebounds after a halt in its decline
#币圈观察员 Tonight's CPI data met expectations, and the opening rose. The market is still trending upwards. Bitcoin and Ethereum ETFs have been flowing in for several days in a row, with no signs of funds flowing out.
Yesterday's trend really scared me. I thought there would be another low point and the bottom-fishers from yesterday would be killed again. Last night, there was indeed another wave of selling, but it didn't create a lower low.
1. The ETF inflow is strong, as shown in the chart, with stable positive i