Bitcoin ETF has been losing $1.1 billion over consecutive days. Is it due to cautious institutions or main force accumulating?

【Blockchain Rhythm】 Recently, Bitcoin ETFs have been bleeding quite a bit—yesterday alone, a net outflow of $398.95 million, with a total outflow of $1.12 billion over three days. This level of outflow is quite intense, nearly offsetting the net inflow during the first two trading days of the year.

So what does this really mean? Nick Ruck, an analyst at LVRG Research, offers his assessment: don’t be too pessimistic. He believes that this wave of capital outflow is mainly due to portfolio rebalancing, profit-taking during the rebound phase, and investors’ cautious attitude during market consolidation— but this does not mean that the genuine demand from institutions has fundamentally reversed. On the contrary, Bitcoin is still hovering above $90,000, supported by ongoing institutional accumulation.

In fact, this is just normal market fluctuation. How should traders respond? Nick Ruck recommends focusing on a few key signals: first, whether the ETF capital flow trend can reflect changes in market sentiment; second, whether Bitcoin can break through the critical resistance level of $95,000; third, the latest developments in Federal Reserve policies. Combining these signals will help determine whether the market is about to see a breakout or continue to fluctuate.