📰 Bitcoin tests its largest supply wall at $80,000, near ETF holders’ average price

$BTC related events—an institutional perspective to break it down.

With regulatory policies rolling out, the short term first kills sentiment; in the mid term, prices are re-rated. Historical pattern: policy news drives volatility rather than direction. What truly determines direction is the fund flow after the policy is implemented—ETF net inflows and net exchange flows are the evidence institutions use to vote with their feet.

The above is only a data interpretation and does not constitute investment advice.

After this data comes out, would you add more and wait, or cut exposure and exit?

$BTC #量化分析 #资金动向 #Market Flash