Yesterday, BTC ETF had a net outflow of $648 million (BlackRock has not announced)

Yesterday, ETH ETF had a net outflow of $58.1 million (BlackRock has not announced)

When a drop really happens, ETFs run faster than anyone else

A few days ago, there were already some signs, and it has always been BlackRock supporting the market

Smart money participated in the oversold rebound and bets on the U.S. presidential election in September and October

Since November, it has actually been the expectation of favorable trends for cryptocurrencies after Trump's election, and it has been over a month

As the Fed's hawkish rhetoric strengthens and the pace of interest rate cuts slows, the market's focus returns to expectations of Fed rates, which will lead in the future

This round has always been a narrative trading logic, but it only exists in Bitcoin, while altcoins are just a game of existing funds and a small portion of incremental funds...

Next, Bitcoin will return to a large range of fluctuations, and altcoins will experience "mean reversion"!

Let's wait for the crypto era to start after Trump officially becomes the president!

But this will take some time#美联储放鹰