ETF data is always lagging behind, and the main players like to use this kind of obvious data to play games. Yesterday, there was a net outflow of funds, but the market actually rose. The underlying logic is just two words, forcing a bearish trend. Many retail investors and quantitative robots see ETF outflows, and their first reaction is that the market is going to fall, so they follow the trend and open short positions. The main force precisely takes advantage of this consistent bearish sentiment and directly backs up to support the bottom. When the price crosses the key resistance level, those who are bearish are forced to buy and close out, and the bearish stop loss becomes the strongest fuel to push up the coin price. ETFs are only funds during Wall Street trading hours, but the cryptocurrency market operates around the clock. Funds from Asian markets, native whales on the chain, or buying from various corporate institutions can easily catch the selling pressure of individual investors on ETFs. On the premise that the overall bullish trend has not been disrupted, the daily outflow of ETFs cannot even break through the bottom position line of the main force. Understanding the liquidity hunting of the market is the core. The main players find that there are no chips to wash down below, and if they cannot fall, they can only go up.