The impact of exchange stock on sentiment has been repeatedly proven, and this data truly reflects investors' expectations for the future trend of Bitcoin. From the data, whether it is due to Moody's downgrade of the US credit rating or BTC price breaking through $107100 in the past week, the exchange's BTC stock has not shown a significant upward trend. This shows that investors have quite strong expectations for the future trend of BTC. Therefore, in the short term, investors are not very concerned about the change of BTC price, which is obviously different from the situation in the previous cycle. The biggest reason should be the adoption of Bitcoin spot ETF and Trump's commitment to BTC strategic reserves, which give BTC investors very strong confidence support. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex