Tuesday #Bitcoin market volatility sees increased ETF net inflows! Capital market sentiment increases!

On Tuesday, ETF data was released: daily net inflow was 0.662 billion, about twice that of Monday. It was also the 9th consecutive trading day with net inflows, and the data looks healthy.

Among them, IBIT and ARKB are the main channels for net inflows, while BITB saw a small net outflow. Overall, the market’s net inflows are not overly dependent on a single channel like IBIT, which indicates that bullish sentiment is gradually spreading. Looking back to yesterday’s intraday volatility, this ETF data is indeed quite good.

As for crypto market data, you only need to focus on two figures: trading volume or capital flow.

Compared with yesterday, trading volume dropped significantly. Even with market volatility, there was no release of additional selling pressure or increased turnover. Under the volatility, market sentiment is actually relatively stable.

Total capital decreased by 0.9 billion. USDT net outflow was 0.47 billion, and USDC net outflow was 3.77 billion. The overall net outflow position remains.

At this stage, the ETF data is better than the crypto market data. From the data, you can also see that the traders behind them are different: ETF flows reflect more steady, longer-term traders who continue to place bets, while crypto capital is more speculative and makes short-term choices to sell and exit.

This means that short-term volatility risk is still not small, but in terms of trend, there are still people staying optimistic. This also matches the market’s mainstream expectations right now. Next, continue watching whether ETF net inflows keep expanding. If daily inflows return to the 100–300 million range, it would be even better.

On the other hand, if crypto capital pauses the net outflow or even shows a return flow, it likely means the market could shake off negative sentiment and move back into an uptrend! #比特币跌破8.4万美元