Today's News‼️
⭕️ Total BTC ETF flow: +$2.69M;
⭕️ Total ETH ETF flow: +$18.87M;
🔴 Fear/Greed Index: 37 - fear;
🔴 Altcoin Season Index: 22;
🔴 24,863 BTC options expire with a put-call ratio of 0.54, a maximum pain point of $70,500, and a notional value of $1.538 billion;
🔴 153,483 ETH options expire with a put-call ratio of 0.92, a maximum pain point of $2,000, and a notional value of $0.271 billion;
🔴 Bitcoin ETF shares are currently trading at a 5.9% discount to net asset value;
🔴 Coinbase and Fannie Mae announced the first-ever U.S. mortgage origination backed by BTC;
🔴 Bitcoin ETFs and Strategy have absorbed more $BTC than the entire estimated stack of Satoshis since March 2024, but the price has returned to its starting point, indicating an unprecedented shift in who holds [the assets] and unusual selling pressure consuming it all;
🔴 Binance Research: Crypto exchanges are becoming the new channel for accessing global stock markets: Nearly 93% of Binance users trading stocks are clients from emerging markets;
🔴 Bitcoin network utilization has fallen to its LOWEST level in 7 years, echoing the lows of the 2019 bear market;
🔴 More than half of all $BTC
in circulation is currently held with unrealized losses—a feature seen in every major bear market day in history;
🔴 Altcoin Vector: The altcoin market is seeing an unusual surge in strength. While Bitcoin has given up all the gains it made since its February lows, altcoins are posting a powerful breakout against BTC;
🔴 Bitcoin Magazine: The Bitcoin Fear and Greed Index is now in the "extreme fear" zone. It's on these kinds of declines that legends are born.
Wishing everyone profits✊️