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Mixin--Renee
Mixin--Renee ๐Ÿ”’

๐Ÿ“Š Mixin Daily Market Watch

๐Ÿ’ฐ ETF Flows
Both BTC and ETH spot ETFs saw strong inflows last week. BTC ETFs attracted around $1.9B, while ETH ETFs saw roughly $700M in net inflows, making it one of the strongest weeks for ETF flows so far this year.

Institutional money is still coming in, giving this rally some solid support.

๐Ÿ“ˆ BTC Breaks Above $80K as Shorts Get Wiped Out
BTC briefly broke above $80K, reaching close to $81K and continuing to set new recent highs.

The move has been fast. BTC climbed from around $64K last week to above $80K, with short positions getting liquidated along the way. By last Friday, the market had already seen billions of dollars in short liquidations.

BTC holding around $80K suggests spot buying is still there. But after such a strong run, short-term profit-taking is likely to increase around this level.

๐Ÿฆ Market Hotspots: EU and BNB Chain
The EU's ban on crypto-related services involving Belarus has now taken effect, restricting certain transactions between EU operators and crypto service providers based in Belarus. This is part of the EU's broader effort to tighten crypto regulations and sanctions.

Meanwhile, the BNB Chain hard fork upgrade has also brought more attention to the ecosystem. With major coins continuing to move higher, market interest is gradually spreading beyond BTC and into other blockchain ecosystems and crypto-related developments.

๐Ÿ” What to Watch

โœ… Whether BTC and ETH ETF inflows can continue
โœ… Market reaction to the BNB Chain hard fork upgrade
โœ… The impact of EU restrictions on crypto services involving Belarus
โœ… U.S. Treasury yields and the dollar
โœ… Whether leverage starts building up again

โš ๏ธ Risk Reminder
BTC has moved from around $64K to above $80K pretty quickly.

This isn't the best place to chase a breakout. If BTC wants to keep moving higher, it may need to spend some time consolidating around $80K first.

If BTC pulls back toward $77K and holds, that would be a healthier setup. If it breaks higher from $80K, keep an eye on whether trading volume can support the move.

Keep position sizes and leverage under control โ€” don't get carried away just because the market has been pumping lately.

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