Post

On Wednesday, #Bitcoin ETF data showed amplified net outflows, accompanied by a price decline. Is the "carving a mark on a boat to find a sword" logic gradually being validated? Wednesday's #BTC ETF data continued to show net outflows, with outflows increasing compared to Tuesday. According to data statistics, on Wednesday, September 9, BTC ETF net outflows were approximately 120.2 million, significantly larger than Tuesday's net outflows. Additionally, IBIT shifted from a net inflow on Tuesday to a net outflow, indicating the market has entered a comprehensive net outflow phase. IBIT changed from a net inflow of 10.65 million on Tuesday to a net outflow of 19.50 million on Wednesday, a funding gap difference of 30 million. Regarding crypto market data, the focus is on capital flow. Overall funds decreased by 200 million, with USDC net outflows of 165 million, and mainstream funds in the US market also declining. Today's ETF and crypto market capital situation have fully shifted into a net outflow phase. If ETF data continues to show net inflows on Thursday and Friday while the magnitude of net outflows increases, it will be even less favorable for the current price. At present, the "carving a mark on a boat to find a sword" logic I proposed last weekend has accelerated its realization. As funds turn to net outflows and the outflow magnitude continues to expand, the correction officially begins! #BTC现货ETF大额流入后转负