On Monday, there was not much change in the data of BTC spot ETF, and the net inflow of more than 1000 coins also appeared to be very moderate. This is also what we have been emphasizing. The phase of Bitcoin FOMO has ended, and ETF investors have returned to the trend of low liquidity. However, it is hard to say what will happen after early Thursday morning Beijing time. Although it is known on Thursday that the Federal Reserve will not change interest rates, will Powell reveal plans for a September rate cut or loosen them? If so, the market is likely to enter FOMO sentiment again. BlackRock's investors are still maintaining a buy in rate of over four digits, and that's all for other data. Although it has been said a million times, the net flow of ETFs does not represent the rise or fall of BTC prices, but represents the buying and selling sentiment of investors. Low selling is the core logic of BTC's rise since the end of 2024. Data address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing This article is sponsored by Bitget | @ Bitgetzh