Some things are becoming unclear. Although Iran and the United States have continued into a ceasefire state, leading to a wave of gains in both the risk markets and the cryptocurrency markets, not all spot ETF investors see this as a positive. Only a small number of BlackRock investors remained firmly buying on Tuesday, while other institutional investors believe that the upward movement has lost momentum, so they have begun to sell.

Of course, the volume of selling is not very large, but the buying power is also not strong. This situation often represents the indecision within the investor community. More investors do not believe that there will be significant growth in the short term and do not think that the current $BTC price is at its peak, which indicates that more traditional investors are shifting towards a long-term holding strategy. Short-term price movements and macro changes do not affect their determination to hold.

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