$BTC Seventh consecutive day of net inflows into $BTC spot ETFs, though the inflow volume remains quite low at only over 2,000 BTC, with BlackRock still leading the way while other institutions' trading volumes are negligible. This suggests that investor selling sentiment is declining, with a small portion of investors reaching some consensus on Bitcoin being at low levels, hoping to catch the bottom at this time, or at least betting on a rebound once the geopolitical conflict ends.

However, overall purchasing power remains weak, with most traditional investors still in wait-and-see mode. Only a minority of trend-chasing investors show strong speculative behavior. The reversal of BTC and liquidity likely still depends on monetary policy. Of course, in the short term, we need to watch how the geopolitical situation develops.