$BTC ETFs bleeding hard — 2.86K $BTC out yesterday, 5.67K the day before. That's 8.53K $BTC gone in 48 hours.

Demand dried up since we topped near $87K. Classic.

Key watch: if outflows keep running while price stays weak, we're probably heading for $79.5K.

Flows need to flip positive or this dip gets deeper.