The Truth Behind the Outflow of 75954377036etf!

Attention all traders! The Bitcoin ETF crashed yesterday, with a net outflow of 56.3 million in a single day, setting the highest record since April 22.

The most severe were the two giants FBTC and ARKB, which had withdrawals of 138 million and 131 million respectively, together enough to empty half a mining farm.

Institutions are playing a game of escape, with FBTC being the ETF with the best liquidity being drained aggressively, indicating that large funds are retreating. These institutions are like traders who suddenly all get up from the table, leaving retail investors staring blankly.

The price is stuck at 96000 and won't break, while the trading volume has shrunk like a deflated balloon, which is identical to the pattern before the crash in February. At that time, the ETF had a single-day outflow of 938 million, directly triggering an avalanche; now, although the amount is smaller, the timing is more critical—just hitting a key resistance level.

The derivatives market is putting on a show. The futures open interest has dropped by 1%, indicating that experienced traders are closing positions and running away, while there are still retail investors crazily buying calls in the options market, a typical sign of a 'bull funeral'.

If there are consecutive three days of outflows exceeding 100 million, fasten your seatbelt; once the 93000 support level is broken, algorithmic selling could knock people out like a concussion.

Don't be fooled by BlackRock's IBIT still holding on; this thing has eaten 2 billion in the past eight days, now struggling alone like a lone wolf carrying a whole flock of sheep.

Are you stuck in a position? When to bottom fish? It's still the same line: if you're confused and don't know what to do, click on the profile picture and comment. I need fans, you need references.