1. Each time BlackRock's Bitcoin ETF experiences outflows, it is essentially at a stage of price bottom.
2. Data shows that yesterday the U.S. Bitcoin spot ETF had a net outflow of $277 million, including:
BlackRock IBIT: -$72.7 million
Fidelity FBTC: -$71.9 million
ARK ARKB: -$87 million
Franklin EZBC: +$5.6 million
Grayscale GBTC: -$57.4 million
Grayscale Mini BTC: +$6.4 million
3. On December 21, according to Lookonchain monitoring, after the market rebound from last night to today, 10 new wallets withdrew a total of 17,698 ETH from Binance, worth approximately $66.16 million. (The above image shows that during each drop, there are large whales buying significant amounts of ETH to withdraw from exchanges.) 4. On December 22, it was reported that Max Keiser, a senior Bitcoin advisor to the President of El Salvador, revealed that President Nayib Bukele has increased the daily Bitcoin purchase amount, with a medium-term goal of adding 20,000 more Bitcoins.
In summary, the overall trend of Bitcoin is upward, with the strategy of adding to positions at bottom support levels.
If Bitcoin experiences a pullback near key resistance levels, one can buy the dip for spot; if it breaks through resistance, one can continue to hold or add to the spot position.
Risk management: During the operation, strict risk control should be implemented, with reasonable stop-loss points set to avoid excessive chasing of highs and lows.$BTC