#Bitcoin ETF data for Monday hasn't been released yet, but the short-term market logic remains very simple. Referring to previous analysis, it is still within the 80,000–83,000 consolidation range.
Unless there is an effective 4-hour level breakout or breakdown and a stable hold, continue to consider it as consolidation. Since the price is testing the 83,000 resistance again in the short term intraday, the pullback reference is around 80,000.
It is important to note that the support around 80,000 has been tested twice consecutively during this period, consuming some support buy orders. The next test needs to observe whether there is volume testing the support and an effective rebound, which is crucial to determine if the 80,000 support is valid.
Regarding market data, compared to October 18 data, ignoring simple market cap ratio and trading volume for now, focus on capital flow. Overall market cap remains unchanged, USDT slightly increased by 44 million, but USDC net outflow was 84 million.
Although ETF data is lacking, based on market trends and crypto capital movements, Monday's ETF funds have increased somewhat, but not significantly. If Monday's ETF net inflow is less than 100 million, the capital flow is not reversed, so caution is still needed. As always, price rises and rebounds must be validated by capital data. Rebounds without capital support should be wary of false breakouts! #机构资金转弱，BTC与ETH谁先迎来回流？
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
