Another day of reading today! Yesterday, I saw that fund managers were buying heavily, with cash positions hitting their lowest level in the past 12 years. Today, I came across more detailed data: since last week's dip, there has been a net inflow of $3.9 billion, showing that investors are actively buying during the downturn. The same goes for BTC—recent data shows more investors are actively purchasing in the past few days. My $116,000 long position is looking pretty solid now. I don’t have any plans to exit for the time being, so I’ll hold onto it for now. The most important thing next week will be the CPI data. Not sure if it’ll be released by Friday, but current market predictions suggest a slight increase in CPI. After all, inflation caused by tariffs is pretty normal. Had a chat with some friends in the mining community today and found out that they’re worried the market might not make it past 2025. Some have already started reducing their positions, which is understandable. The October 11 hit to the bulls was a bit too harsh. But looking at U.S. stock market data, I don’t see any major issues. After last Friday’s dip, institutional funds flowed in with $4.4 billion—the highest since November 2022. It’s clear that capital is driving buying activity. Even retail investors are actively buying in—this is a textbook Buy The Dip moment. So, for those worried about a lack of liquidity, I honestly haven’t seen any signs of that. This is also why I’m confident in setting up long positions. Back to Bitcoin data: today’s turnover rate continues to decline, and investor sentiment is easing nicely while maintaining solid buying momentum. The main focus of the market has shifted back to monetary policy. Last week’s U.S.-China trade issues and geopolitical conflicts have improved significantly, and the regional banking situation doesn’t seem to pose much risk. The government shutdown could’ve been a headache, but with the House of Representatives on recess this week, there won’t be any votes, which means consensus for now. With all the back-and-forth, we’re inching closer to the end-of-month FOMC meeting. Let’s see how it goes. This post is sponsored by Bitget ｜ @Bitget_zh