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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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BTC four-hour market update:
1) The sell orders on the order book have significantly weakened, while the buy orders continue to increase;
2) Yesterday, the ETF institutions had a net outflow of $67.93 million, marking two consecutive days of small net outflows;
3) The price has fallen above the 0.618 level of the Fibonacci ascending channel, forming three candlesticks with lower shadows; the bearish volume is decreasing;
Summary: Currently, it is a volatile market, with decreasing fluctuations. After some more time of consolidation, BTC will reach new highs.