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US Bitcoin ETFs turned firmly negative in November with 3-day average in outflows 📉💼. Clear reversal from earlier inflows, reflecting cooling capital allocation ⚡️.
Broad-based outflows show cautious institutional stance 📊👀. Lighter demand reduces buy-side support, leaving price more vulnerable 🎯💰.
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#ETHUSDT 4H CHART
ANALYSIS UPDATE 💰
Previous analysis 👉 https://x.com/master_binance/status/2000962197900669386?s=46
Recovery since Support: 6.95%
Our support held the price TWO time before wave (d) ended just as we expected it and as you can see price is already up for almost 7%.
Now there is a slight chance for a small pullback but as long as as the two resistant highlighted lines are not met, wave (d) still has got room for growth.
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#BTC WEEKLY TF UPDATE :
#BTC is Weekly TF, again forming an indecisive candlestick and maintaining the sideways market. Still, i have a bearish scenario, can drop for a wick fill now. Be alert with Monday Market Open, and plan fresh position after breakout.
"Major FUD marks the bottom."
➺ We had Saylor FUD, China FUD, Tether FUD and Quantum FUD
"Extreme Fear marks the bottom."
➺ We have been in the "fear" zone for 7 weeks now.
"Liquidity reversal marks the bottom."
➺ Global liquidity is almost a new ATH again.
➺ Fed and Treasury is pumping liquidity in the markets.
"Extreme selling marks the bottom."
➺ BTC weekly RSI at 3-year low.
➺ ETH 2W RSI at bear market bottom.
Looking at every metric, a relief rally should happen now.
Entry : Market + 0.5%
Target : $0.35 - $0.38 - $0.4 - $0.5
Stoploss below $0.28
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#ETH dropped as per the call, gone straight towards the support zone at $2760 - $2990. Price is being consolidated between these zones and its a good zone for scalping. Alternatively, you can wait for the breakout in HTF and get in positions.
Market today …… Good time to trade Alts with good chart 😚
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