Yesterday, the US spot Bitcoin ETF had a net outflow of $247.8 million, and the spot Ethereum ETF had a net outflow of $77.5 million. This position will continue to grind; currently, it is a rebound of Wave B. The market still needs to go through a process of rising and falling to build a bottom. I persist in seeing that there will be another Wave C decline, likely between January 20 and January 27, which will be the most panicked stage of adjustment. The expected restart point is around early February, to gather strength for the next big surge. In this market, there won't be much action before the Spring Festival; it will just be a wash and a fluctuating trend, so we can only control our positions.