Допис

BTC has pulled back, but has the capital really exited? BTC has dropped back near $77,000, and market sentiment has clearly cooled. But one detail is worth noting: While BTC ETF has recently seen net outflows, ETH ETF has maintained inflows for several consecutive days. So I think it’s too simple to interpret this as "institutions starting to retreat." It’s more like the market is undergoing a capital rotation. BTC had a relatively large gain earlier, so profit-taking is normal.