KV Pro-Trader
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On May 13, Bitcoin Spot ETFs saw a total withdrawal of $630.4 million, indicating that investors are selling and pulling funds out of the market. BlackRock's clients sold $284.7 million worth of Bitcoin.
At the same time, Ethereum Spot ETFs also experienced a total withdrawal of $36.3 million, with BlackRock's clients selling $21.1 million worth of Ethereum.
This data shows that major investors are being cautious and reducing their Crypto holdings in the short term.

๐จ๐ณ๐บ๐ธ Breaking news: Chinese President Xi Jinping has warned U.S. President Donald Trump that there could be a โclash or confrontationโ if the Taiwan issue is resolved incorrectly.
China wants the United States to clearly state that the Washington government does not support Taiwan's independence.
Tensions between China and the U.S. over the Taiwan issue are escalating sharply.

South Korea is experiencing a sharp decline in Crypto trading volume as authorities tighten AML (Anti-Money Laundering) regulations and propose a 22% Crypto tax.
At the same time, the Bithumb exchange was reported to have mistakenly awarded 620,000 BTC, causing panic in the market and prompting investors to execute an emergency sell-off.
This news indicates that the #Crypto market in South Korea is under pressure from two fronts:
government regulatory tightening
and operational/technical issues from the Exchange
This could lead to decreased investor confidence and increased volatility in the Crypto market.

During the fear of the COVID-19 pandemic in 2020, the price of Bitcoin dropped sharply to about $3,800 because investors were scared and sold off heavily. Afterwards, major central banks around the world printed money and injected cash into the markets at historic levels to support the economy.
With more cash in the financial system, Bitcoin rose from about $3.8K to $69K. This article wants to clarify that if there is another global crisis, and governments and central banks ease monetary policies and print more money, the market may initially panic, but the new cash could drive asset prices like Bitcoin to surge again.

Today #BTC = 80K, #ETH = $2290
For the Daily Chart closing in a Bearish Standard Full Body pattern ==> full selling pressure.
Because BTC is in a Bear Flag Pattern and Downtrend ==> today's market has a high chance of continuing to fall.
#BTC may continue to drop to around 78K, & #ETH may drop to $2250
Brothers and sisters holding Short positions are already sweating, those holding Long positions please be cautious.
Just sharing ideas ๐ก,
NFA, DYOR


Mr. Trump said that if an agreement with Iran cannot be reached, "the bombing will begin."
Mr. Trump is warning that if negotiations between the U.S. and Iran fail, military action or attacks could occur. This highlights intense tensions in the Middle East and could impact oil prices and global financial markets.
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