With the U.S. markets closed for the holiday, ETF activity will pause temporarily, though CME Futures are set to open later today, potentially introducing new volatility depending on how the CME gap plays out.
Daan noted that aside from the whale activity, the weekend was “pretty average,” lacking any aggressive moves.
The CME chart he shared suggests a muted price range, awaiting direction as global trading resumes.
Zooming out to the macro view, analyst Michaël van de Poppe reminded followers that crypto’s total market cap is still under $4 trillion—a fraction of the $30–40 trillion inflation-adjusted dot-com bubble.
Van de Poppe emphasized that comparing BTC’s current position to a market top is premature: “There’s so much more growth in this space to come,” he stated, dismissing the idea that Bitcoin has peaked.
As short-term uncertainty continues, both analysts point to a broader message: Bitcoin may be trading sideways now, but the long-term runway remains wide open.
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