February 16th Midday Bitcoin Public Outlook
Current status: Breaks of the bearish flag pattern, testing support at 68,400; 69,145 is a key resistance.
No positive news to boost the rally, only to chase liquidity; currently bearish bias; if 69,140 cannot hold, avoid longing and consider shorting on a break below 68,400. Prioritize mood over the New Year, with light positions and accept losses.
• Hold at 68,400: Consolidate and bottom out, wait for a rebound
• Break below 68,400: Drop to 67,260-66,580 range, bearish trend confirmed
• Surpass 69,150: Stabilize and consolidate, then rebound; if un

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🇺🇸 #ETF FLOWS: $SOL and $XRP spot ETFs saw net inflows last week, while $BTC and $ETH spot ETFs saw net outflows. BTC: - $359.91M
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U.S. Inflation Shows Major Drop – Is Inflation Coming to an End? 📉
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Core CPI includes items whose prices do not change daily (food and energy are not included in this).
Previous Record: This is the first time since March 2021 that inflation has dropped to such a low level.
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🔥UPDATE: Solana’s RWA ecosystem has reached a new ATH, surpassing $1.66BILLION in total tokenized value.