#比特币回升5% BTC bounced back from 61k, rising 2.15% in 24 hours, ETH surged even more, jumping nearly 5%. The "teachers" in the group are already shouting about a bull return and doubling their positions. But looking at the market, I just want to pour cold water—this wave of gains is essentially liquidity harvesting, not the bull market you imagine.

From the underlying trading data, we can see that BTC's 24-hour trading volume is $1.69 billion, directly halving from the peak of $3.2 billion a few days ago. The three-day net inflow of ETFs sounds great, but the truth is harsh—institutions are dumping their chips to retail at high levels while secretly running away.

BTC's 1-hour price hovered between 62,900 and 63,400 for nearly three hours, with volume dropping from 1,500 BTC/hour to 500 BTC/hour. What are they doing? "Exchange health check"—cleaning out leveraged longs and ignorant FOMO traders.

ETH rose 5%, and the group cheered, but BTC only gained 2%, and no one celebrated. A truly strong market doesn't need big surges to attract attention, and strong players don't need to shout slogans. ETF net inflows are just a placebo for retail investors; smart money started taking profits below 60k.

Now everyone is stuck in this narrow range, waiting for volatility to contract before the next move, and the next move will most likely be a sideways trend after a period of consolidation.

Brothers, are you the out-of-the-market players still stubbornly denying missing the boat, or are you traders watching the show, still waiting for a lower entry point?