BTC ETF ending 13 days of outflows is indeed good news— but don't get the causality backwards. Yesterday's inflow was only $3.05 million; compared to the previous $4.33 billion of outflow, this amount is not even enough to "catch a breath," more like a temporary pause by the bears rather than bulls re-entering. The real signal lies in this divergence: the ETF shifted from net selling to neutral, but BTC price did not rebound; instead, it continued to probe below $60,000. This indicates that selling pressure is not coming from the ETF channel but from a broader macro position liquidation—The AI bubble panic triggered by Broadcom is spreading across assets, and the crypto market is just the one being affected, not the one sick; it’s more like being punched. Whether $60,000 can hold depends not on the crypto market itself but on whether the US stock market can stabilize next week. If the Nasdaq continues to fall, BTC dropping to $55,000 or even lower is not impossible. $BTC

BTC-3.07%
NAS100-2.38%
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