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BlockBeats News, August 28th, Jiang Zhuo'er, founder of BTC.TOP mining pool, stated in a post that the ETF inflows for the cryptocurrency ETH have once again hit a new high. Today, BTC ETF saw an inflow of $242 million, while ETH ETF saw an inflow of $234 million. Despite ETH's total market value being only 18.8% of BTC's, it has absorbed a volume equivalent to 96.8% of BTC's inflow, showing a significantly stronger fund-raising momentum than BTC.
In the current context of continuous fund inflows, the pattern of "rising lows during high consolidation" is quite stable, and it could break out upwards in another round of short squeeze at any time. Unless sticking to trading discipline, firmly avoiding leverage, or even being prepared to directly long ETH. Currently, the position strategy is as follows: when no short positions are open, hold ETH spot in full and wait for an uptrend; once long positions are opened again, it means adding leverage, exposing oneself to the risk of liquidation price.
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