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1011 Inner Whale Agent: Bitcoin holds the $766 million critical support, with the end of the year moving in an optimistic direction

In its latest weekly, Garrett jin, the insider of 1011, stated that, although oil prices had risen to about $95 this week, the 10-year rate of return on the United States debt had exceeded 4.8 per cent, and the market's expectations for the September interest rate hike had risen to about 70 per cent, Bitcoin was still holding the $766 million critical support and was now up to $77,000. Garrett pointed out that a substantial new cost base of between $75,000 and $80,000, which provided a stronger support to the market for the $8.25 million of the Jobitcoin-day closing, and for the $80,000 that would then be held close to it, would be an important signal for the market to digest and move further. If the dayline fell by $766 million, and at least two of the ETF financial flows, the Coinbase premium and the net realized gain/loss on 7 days were weakened, it would constitute a clearer down-line warning. On the financial front, United States spot bitcoin ETF net inflows in August were about $3.5 billion, but a two-way flow of funds started in September, with a net outflow of about $237 million on Tuesday. According to Garrett, in a context of increased macro-interest rate pressure, bitcoin still holds the key underpinnings, showing that demand for short-term spot is not driven solely by forced space。

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