Bitcoin has pulled back to around $79,000; however, nothing is alarming about this correction. Ethereum is also trading below $2,500, while retaining all chances of continuing the bullish market.

Notably, yesterday, Bitcoin ETFs attracted $337.56 million. This figure, previously mentioned as part of the overall picture of the rally to $81,000, now receives full confirmation in the breakdown by specific products. Ethereum ETFs added another $115.57 million, continuing the steady inflow trend of recent weeks. The dynamics in altcoins are even more indicative, with six assets simultaneously recording positive results, a rare phenomenon for a market that, for most of the year, has shown a sharp concentration of capital exclusively around Bitcoin and Ethereum.

SOL stands out among altcoins particularly strongly, attracting $33.49 million, significantly more than its typical weekly results over the past months. XRP added $13.82 million, HYPE $5.74 million, continuing its characteristic multi-month series of stable inflows, LINK $2.68 million, and DOGE a symbolic $146,000. Zero values were recorded only for HBAR, AVAX, LTC, DOT, and BNB. Such breadth of coverage sharply contrasts with the picture observed during most of the summer when the altcoin season index was stuck at around 39 out of 100 points, even during strong Bitcoin rallies, and positive flows rarely extended beyond two or three flagship assets simultaneously.

The coincidence of broad capital inflows across the spectrum of assets, with the fear and greed index at 74 and Bitcoin trading at three-month highs, paints a market picture in which institutional demand through the regulated ETF infrastructure has finally synchronized with the overall sentiment of retail and professional traders. This kind of coincidence, rather than a one-time spike in a particular product, has previously been labeled as a necessary condition for discussing a sustainable expansion of the rally beyond mere short squeezes. The more sustained inflows into spot ETFs, the higher the chances for a new rise in the cryptocurrency market.

Regarding short-term trading, the strategy and conditions are described below.

Bitcoin

Buying Scenario

Scenario No. 1: I plan to buy Bitcoin today when the entry point reaches around $79,200 with the aim of rising to the level of $79,800. Around $79,800, I will exit the buy positions and sell immediately on the rebound. Before making a buying breakout, ensure that the 50-day moving average is below the current price, and the Awesome indicator is in the zone above zero.

Scenario No. 2: Bitcoin can be bought at the lower boundary of $78,800, with no market reaction to its breakout in the opposite direction to levels of $79,200 and $79,800.

Selling Scenario

Scenario No. 1: I plan to sell Bitcoin today when the entry point reaches around $78,800 with the aim of falling to the level of $78,200. Around $78,200, I will exit the sell positions and buy immediately on the rebound. Before making a selling breakout, ensure that the 50-day moving average is above the current price, and the Awesome indicator is in the zone below zero.

Scenario No. 2: Bitcoin can be sold from the upper boundary of $79,200 with no market reaction to its breakout in the opposite direction to levels of $78,800 and $78,200.

Ethereum

Buying Scenario

Scenario No. 1: I plan to buy Ethereum today when the entry point reaches around $2,468 with the aim of rising to the level of $2,486. Around $2,486, I will exit the buy positions and sell immediately on the rebound. Before making a buying breakout, ensure that the 50-day moving average is below the current price, and the Awesome indicator is in the zone above zero.

Scenario No. 2: Ethereum can be bought at the lower boundary of $2,455 with no market reaction to its breakout in the opposite direction to levels of $2,468 and $2,486.

Selling Scenario

Scenario No. 1: I plan to sell Ethereum today when the entry point reaches around $2,455 with the aim of falling to the level of $2,439. Around $2,439, I will exit the sell positions and buy immediately on the rebound. Before making a selling breakout, ensure that the 50-day moving average is above the current price, and the Awesome indicator is in the zone below zero.

Scenario No. 2: Ethereum can be sold from the upper boundary of $2,468 with no market reaction to its breakout in the opposite direction to levels of $2,455 and $2,439.