The data of BTC spot ETF is still not unexpected. It is still a day of net outflow. I don’t know what the data will be like on the last day of the New Year. Let’s look forward to it. After all, the price of BTC has risen a little, but even this rise is just continuing to fluctuate around $95,000. We have said this data for a long time. The current support is like this. It is very likely that it will continue to maintain this rhythm before next week.

BTC continues to be a net outflow. I think everyone knows that a total of 2,991 BTC have flowed out of the US spot ETF. This time, even BlackRock has flowed out nearly 400 BTC, and Fidelity has flowed out more than 1,600 BTC. Only Grayscale’s GBTC and VanEck have only 42 BTC inflows. Many friends will ask, is that the bull market of BTC over?

Of course not. Although there has been a lot of outflows in recent days, and the outflow last week was the highest weekly outflow in history, the current US holdings of#bitcoinstill reached 1,127,442, which is less than 1.5% from the peak period. This also shows that the vast majority of investors are still optimistic and hold too many positions.

The focus of BTC is on the one hand to look at the economic situation in the United States, and on the other hand to look at the strength of Trump's support for BTC and the cryptocurrency industry, especially when the power is transferred, it is very likely to make the market sentiment FOMO again.