$BTC Bitcoin spot ETF experienced net outflows for the second consecutive day, which aligns with previous analysis. After all, momentum traders chasing gains and panic sellers are currently the main drivers of buying and selling. When there are favorable expectations, investors chase the rally, but once they discover the expectations fall short, they begin selling. However, the current selling volume is not particularly high, showing that investors remain relatively restrained, especially given that the recent trend has been characterized mainly by minor fluctuations.