Svmuu News: Jiang Zhuoer posted on X, stating that ETFs continue to see selling pressure, and that several institutional products are simultaneously reducing their holdings; Coinbase Market prices are showing a significant discount, with levels having fallen back to the range seen prior to the sharp corrections at the end of January and the end of May; funding rates remain positive, while contract open interest remains high, indicating a concentration of leveraged positions.
Jiang Zhuo’er added: “All signs point to one thing: something big is coming.”