$BTC For the second consecutive day, Bitcoin spot ETF has experienced net outflows, which aligns with previous analysis. After all, momentum traders chasing rallies and panic sellers are currently the main drivers of buying and selling. When there are positive expectations, investors chase the rally, but when they find expectations are insufficient, they start selling. However, the current selling volume is not high, and investors are still quite restrained, especially since the recent period has been mainly characterized by minor fluctuations. ‌