BTC is not only under pressure from the hot CPI, but also from changes in interest rate expectations and institutional capital flows.
ETF withdrawals show that investment demand is weakening in the short term, but not enough to conclude that the organization has lost faith in Bitcoin.
Points to observe: When bad news appears, how does BTC react? If the price holds the support area even though the capital flow continues to withdraw, the selling force may be gradually absorbed. If the price breaks the support along with prolonged capital withdrawal, the risk of a deeper decline will increase.
The market not only reflects current data, but also reflects the expectation of cash flow in the future.
The price shows what is happening. Cash flow helps to understand who is changing position.