Thoughts are taking a long time to write up. While we wait I think I share this important piece of info related to BTC over the last few days. We’ve seen significant recent exits on ETF outflows, including $357.6 million in a single day. This was the largest withdrawal since late November. Over the last two days alone, spot Bitcoin ETF outflows totaled roughly $635 million. Despite those ETF redemptions, institutional demand actually outpaced new supply from miners for the first time in six weeks. Large buyers are absorbing 13% more BTC than is being mined daily, which historically signals a potential stabilization point. TL:DR - Currently in a "tug of war" between short-term panic selling from ETFs & buyers that are conviction-driven that are accumulating off-exchange. Fear & Greed: 11-17 (Extreme Fear) We are trying to find out bottom I believe.(CryptoDaddi)