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The behavior of traditional investors is somewhat difficult to predict.

CN
Phyrex
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5 hours ago
AI summarizes in 5 seconds.

The behavior of traditional investors has become somewhat unpredictable. On Monday, there was mainly a net outflow of $BTC, but by Tuesday, it had turned into a net inflow, and the inflow amount was quite good, with Monday's inflow from BlackRock investors being only in the three-digit range, changing to four digits on Tuesday. Large sell-offs from Fidelity investors on Monday saw a three-digit inflow on Tuesday, but Bitcoin's price did not fluctuate much over these two days.

What can be confirmed so far is that BTC below $70,000 still holds significant appeal for traditional investors. Even when there is negative news, traditional investors will still choose to buy Bitcoin. However, when BTC rises back above $70,000, investors tend to experience indecision.

Overall, traditional investors' interest in cryptocurrencies is still not very high at the moment.

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Selected Articles by Phyrex

3 hours ago
Bullish sentiment in the U.S. options market has significantly increased.
4 hours ago
The market sentiment on Tuesday remains good.
5 hours ago
The data for $ETH on Tuesday is also quite good.
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