On March 12, the Bitcoin-to-Gold ratio showed bullish divergence, indicating weakening selling pressure and potentially marking a reference point for Bitcoin's long-term trend bottom. Bitcoin ETF saw net inflows of approximately $906 million, while Gold ETF experienced single-day outflows of $3 billion, forming a significant divergence. Despite ETF trading volume being lower than US stocks, there remains substantial room for institutional participation. Historically, Bitcoin has often rebounded following geopolitical turmoil.