#比特币ETF资金流动分析 Seeing the latest Bitcoin market developments, I can't help but reflect on the complexity of the market. Bitcoin prices have plunged 25%, with multiple factors contributing to this volatility. Outflows from ETFs, long-term holders selling, and declining momentum demand have triggered the drop from a fundamental perspective, while the gamma effect in the options market has further amplified the volatility.

This once again reminds us that investing in the cryptocurrency market requires comprehensive risk awareness. It's important not only to pay attention to fundamental changes, but also to understand the chain reactions that may arise from the derivatives market. For regular investors, it's especially important to remain cautious and manage positions prudently.

During such periods of high volatility, I recommend that everyone remain calm and refrain from chasing gains or panic selling. It's also important to review whether your asset allocation is reasonable and whether you're overexposed to a single risk. In the long run, diversification and regular portfolio reviews remain the keys to steady investing. Let's work together to protect our assets in this unpredictable market.