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Take a look at the data for #Bitcoin and the overall crypto market on Wednesday: On Wednesday, September 2, BTF ETF had a net inflow of 115.4 million, reversing the net outflow from Tuesday. Among them, IBIT had a net inflow of 115.4 million, while GBTC had a net outflow of 56 million. IBIT's net inflow accounted for 114%. The current ETF situation is a bit complex. Last Friday saw the first net outflow, Monday saw a return inflow, Tuesday saw another net outflow, and Wednesday's ETF data showed a positive inflow again. Such frequent fluctuations cannot be seen as mere fund adjustments. The key point is that with frequent ETF inflows and outflows, the net inflow amount is expanding and contracting, indicating that market sentiment is clearly cooling down, which is not favorable for the current price. Crypto market data: In terms of market cap share, #BTC and ETH shares have clearly increased, while altcoin shares have weakened. Although BTC has not officially corrected, market sentiment has already started to contract. Trading volume has slightly weakened, with no significant differentiation overall. The total amount of funds remains unchanged, with USDC seeing a net outflow of about 100 million. Summary for today: ETF data shows a continuous weakening and frequent fund inflows and outflows, indicating that the market has entered a short-term phase of long and short game, waiting for direction confirmation. Regarding crypto market data, although the total amount of funds remains unchanged, USDC still shows a net outflow. Combined with ETF data, it feels that the current data no longer supports prices being at relatively high levels