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ChainRider
ChainRider
ETF inflows are back. But is the market actually turning? Not convinced yet. BTC and ETH are seeing renewed ETF inflows, but both are still trading lower on the day. With BTC around $64,038, this looks more like the market is absorbing demand than aggressively responding to it. That keeps me cautious in the near term. The bigger catalyst now is CPI. Until we get a clearer read on inflation and a meaningful reset in Fed expectations, crypto could stay stuck between improving structural flows and a much more macro-sensitive market. SOL showing relative strength is encouraging, but I’d want to see that strength spread across the broader market before calling it a real shift in risk appetite. Flows are improving. The macro picture still needs to catch up. Not advice, just analysis. #DailyOrbit

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