Although the data from exchanges is still decent, the spot ETF data representing traditional investors is really poor. Looking at the data from the past seven consecutive working days, both BTC and ETH have been experiencing net outflows. This indicates that traditional investors have very low interest and involvement in cryptocurrencies at the moment. Especially Monday's data—on Monday, BTC and ETH prices rebounded quite well, but ETFs didn’t show the usual trend of chasing highs and cutting losses. They remained in a state of net outflow, which further proves that traditional users are providing very limited support to the price trends right now. Sponsored by Bitget ｜ @Bitget_zh