📊 Mixin Daily Market Watch

💰 ETF Flows
BTC spot ETFs continued to see strong inflows, with around $189M in net inflows on August 19, following roughly $298M the previous day. That marks two consecutive days of improving flows.

📈 BTC Rebounds Strongly
BTC accelerated higher over the past two days, briefly breaking above $69K, while ETH climbed back above $2,000.

The move has been fast, though, and more profit-taking pressure could build in the short term. More than $1.4B in short positions were liquidated during the move, meaning a large number of bearish positions have already been forced out.

🏦 Liquidity Conditions Are Improving
The U.S. Treasury plans to increase its long-term Treasury buyback operations, which could help ease some concerns around market liquidity.

At the same time, the White House crypto meeting and new SEC rules are moving forward, giving the market a more positive view of the regulatory environment.

With several positive developments arriving at once, risk appetite has clearly improved — and that has helped BTC move higher quickly.

🔍 What to Watch
✅ Impact of Treasury buybacks on market liquidity
✅ Further developments on SEC crypto regulations
✅ Whether leverage continues to build
✅ Fed meeting minutes and expectations for future rate cuts

⚠️ Risk Reminder
The market is clearly stronger than it was a few days ago.

But after such a sharp move and more than $1.4B in short liquidations, short-term volatility could pick up.
Rather than chasing the breakout, it may make more sense to wait for a pullback and see whether the new levels hold.
The trend has improved, but there’s still no need to go all-in.