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Chasing gains and selling on dips usually results in this. On Tuesday, the data for $BTC spot ETF started to shrink. Investors at Fidelity, who had been experiencing significant inflows on Monday, withdrew 1.5 times that amount today. The investors at BlackRock, who had the highest inflows yesterday, now only have two-thirds of their funds remaining.
From a god's-eye view, Bitcoin's price today fell back to around $90,000, and the ETF data is likely to be even worse. This also indicates that cryptocurrencies still aren't favored by traditional investors. As I mentioned over the weekend, the probability of a rebound triggered by events is higher. $BTC $ETH #预测市场争议