The Bitcoin ETF institutions in the United States basically dominate the trend and direction of Bitcoin.

Therefore, it is essential to pay attention to the inflow and outflow data and situation of Bitcoin ETF institutional funds.

In the last month, the net inflow of funds into Bitcoin ETF institutions has far exceeded the net outflow.

Therefore, it can be considered that: the short-term decline and fluctuations still belong to normal adjustments, and BTC is likely to continue to surge, unless there is a significant net outflow of ETF institutional funds.