
Post
Marwel3
📍 $BTC is back above $65K, $ETH holding near $1,930 — a firmer tape, but conviction hasn't fully caught up to price yet.
The spark: this morning's employment data landed well short of forecasts, reviving hope that policymakers ease sooner rather than later.
What's more telling, though, is the flow underneath the bounce — both spot BTC and ETH funds have now logged back-to-back days of net buying. That matters because fading institutional appetite was a big part of what dragged prices down in the first place, so its return is a meaningful tell, not just noise.
Still, this isn't a full-blown breakout yet:
🔹 Volume hasn't caught up to price — turnover remains thinner than what usually accompanies a genuine trend change
🔹 Money is staying concentrated in majors, with smaller-cap names still getting passed over
🔹 Every push higher keeps running into sellers locking in gains, so momentum is capped rather than compounding
The level to watch: can $65K–$66K hold as a floor going forward, or does it act as a lid the way it has in past attempts? That, paired with whether these ETF inflows keep showing up daily, will say more about the next stretch than today's headline price does.
Not financial advice.
Sources:
BTC/ETH price levels and jobs-report reaction: Yahoo Finance markets desk, Coinbase price data — August 7, 2026
ETF inflow streak and $65K–$66K support/ceiling analysis: CryptoTicker market wrap, early August 2026
$BTC $ETH
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