Reality exceeded my expectations. I thought that after BTC dropped below 70,000 USD again, ETF investors would continue to sell off, but unexpectedly, there have been three consecutive working days of net inflow. My current feeling is that there are traditional investors bottom-fishing. Whether this is correct is still unknown; on one hand, the buying volume is not very high, and on the other hand, it has only been three working days. Let's see over a longer period, especially this week.

From a God’s-eye view, today’s non-farm data, while good for the economy, is not very friendly for the Federal Reserve’s interest rate cuts. However, the market has not completely bet on Walsh's influence on the Federal Reserve. From my personal perspective, the benefits for the economy outweigh the demand for rate cuts. If this is correct, today’s ETF should continue to see net inflows.

Although the price of Bitcoin is falling. $ETH $BTC $SOL #非农意外强劲 #美国零售数据逊预期 #美国科技基金净流