The cryptocurrency market just lost blood after a rebound! BTC ETF saw a net outflow of 14.9 million, is the market going to cool down?

Attention everyone! BTC just rebounded from a low of 83,000 to 93,000, and before everyone could catch their breath, it was drenched in cold water. Yesterday, the U.S. BTC spot ETF suddenly saw a net outflow of 14.9 million dollars, which directly tightened the market's nerves!

It's important to know that this 14.9 million is not a small amount. In today's sensitive market, it’s like the first domino in a chain reaction. Previously, Citigroup calculated that for every 1 billion dollars that flows out of the BTC ETF, the price typically drops by 3.4%. Although this time the scale hasn't reached that level, the signal significance far exceeds the amount itself; it's institutions voting with their feet, indicating that many investors lack confidence in the current price level and would rather secure their profits first.

The impact on the market is already evident: on one hand, after the outflow news spread, BTC's price slightly retreated from around 93,000. After all, the ETF was the core driver of the price increase, and now that the funds have withdrawn, the short-term support has naturally weakened. On the other hand, market sentiment has returned to a sensitive mode; after all, December just experienced the panic of falling below 86,000, and now the outflow of funds can easily trigger follow-up selling. In the past 24 hours, there have already been small-scale liquidations across the network.

Interestingly, the market has shown signs of division: on one side, BTC ETF funds are withdrawing; on the other side, ETH ETF has seen a contrary net inflow of 140 million dollars, with many funds shifting to other crypto assets. Furthermore, there are long-term funds like Harvard's endowment fund buying at lower levels, indicating that institutions are also competing with each other.

That said, the flow of ETF funds has always been a market barometer. If the outflow continues, BTC may have to test the key support at 84,000 again. Do you think this wave is just an alarm or the prelude to a decline? #币安区块链周 #代币化热潮 #美SEC推动加密创新监管

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