On Wednesday, the data for the $BTC spot ETF continued to decline. As mentioned yesterday, although it has decreased, it is still within the normal range of data. After all, Bitcoin spot ETF investors only tend to FOMO when there is positive news; usually, they are quite low-key. From a bird's-eye view, the price on Thursday dropped due to the PPI, and the data might not look too good, especially for those brokers who like to chase highs and cut losses.

BlackRock's investors had no buying information on this trading day, ending a streak of five consecutive days of net inflow. In fact, BlackRock's investors can be seen as the frontline users of FOMO. I had set a position at a lower level during this BTC decline, but I guess I was a bit greedy and didn't get in, which is fine.

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