@missflo
1️⃣ Ethereum Continues to Outperform Bitcoin
→ Over $1 billion in inflows into Ethereum in the past couple of days.
→ Spot Ether ETFs have recorded the biggest inflows through BlackRock and Fidelity.
→ $ETH trading has seen activity from long-term, short-term, and cohort whales.
2️⃣ Macro Indicators
→ Consumer Price Index (CPI) holds at 2.7% (below expectations of 2.8%).
→ Signals a high chance for a rate cut in September.
→ This could trigger money flowing into the market as people exchange fiat for assets such as stocks and cryptocurrencies.
3️⃣ Bitcoin Trends
→ OTC BTC buys are on the rise.
→ More institutions continue to accumulate Bitcoin.
4️⃣ Market Sentiment
→ All signs point to a fundamentally and sentimentally bullish market.
5️⃣ Altcoin Opportunities
→ After what’s happening with Ethereum, $Solana looks like a good bid.
→ It is likely to do well next.
→ This will have a trickle-down effect on $BONK.
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