I was just looking for the reasons behind the surge, and after some close examination...

It turns out it was the ETF funds that pushed up the prices during yesterday and early this morning...

Yesterday, the single-day ETF inflow was 1.1 billion! This is already the second-largest amount since the establishment of the ETF for a single day... (The largest still remains the day old Trump was elected, with a single-day inflow of 1.3 billion)

However, I still don't understand why there was such a surge in buying on this day...

I asked about the newly released so-called AI beacon grok4 today... grok4 searched through various major promoters and analyses today... but there wasn't any concrete analysis... just some usual statements like "institutions and companies are continuously hoarding coins, old Trump is putting continuous pressure on Powell for interest rate cuts, and similar things...

Of course, some said there was a meeting at Tohoku University today... but that shouldn't be the reason for yesterday's ETF inflow...

I predict it's because of next week's U.S. Crypto Week (next week, Congress is set to focus on discussing several bills related to the crypto space)

If this wave is being driven by the spot funds from the ETF... then I, as a short-term trader, will just have to take a break... #BTC再创新高