The data for BTC is finally complete. The earlier data for ETH looked good, but the data for BTC is even better. Although the capital flow indicates that the buying volume of BTC spot ETFs on Monday was greater, it was actually lower than last Friday's. However, the purchasing power is still quite good. I can already imagine some friends asking, then why did it drop today?

In fact, this issue was mentioned in the afternoon. The rise yesterday was partly due to the return of investor sentiment after a holiday break, and partly because of the tax rate issue, which has been confirmed to be false, but it did stimulate user sentiment and lower the dollar index yesterday.

However, in reality, there are still not enough favorable factors in play, and sentiment will gradually wear off. Therefore, I have been saying that the probability of fluctuations will be greater, especially after the Asian trading session ends. As liquidity rises, investor sentiment will gradually calm down. Most importantly, the price of #BTC during today's Asian time zone did not continue the rise seen during U.S. hours, indicating that investors are still in an observational state.

So even though American investors had a good buying volume in ETFs yesterday, it does not necessarily mean that there will be an increase today. We still need to wait for the U.S. stock market to open, and even look at the trend after 5 AM for confirmation. However, yesterday, BlackRock, Fidelity, and ARK still showed strong purchasing power, especially Fidelity, which has been leading in purchasing power for two consecutive days.