$1.396 billion funds withdraw, BTC falls below 64000: Are there still people taking money against the trend?

BTC has currently fallen to around $63725, with a 24-hour drop of about 0.5%, indicating a significant weakening of market funds. In the past 24 hours, BTC had a net outflow of approximately $741 million, ETH had an outflow of $524 million, and SOL had an outflow of $131 million, totaling approximately $1.396 billion. It is worth noting that not all assets in the market are being sold off. LINK has a net inflow of about 34 million US dollars, DOGE has a net inflow of about 54 million US dollars, and 24H has risen by about 4.27% and 3.33% respectively. Funds are concentrating from weak assets to a few strong varieties. The emotional aspect is also weak. The panic and greed index has dropped to 27, re entering the fear zone; In the past 24 hours, the entire network has experienced a sell-off of approximately 676 million US dollars, with long positions accounting for about 69%, indicating that leveraged long positions are still passively being liquidated. BTC short-term focus on two positions: $62500: Mid line bullish observation position, only by standing back can there be a chance to repair the structure. $61500: Key defensive position, if lost, one needs to be vigilant for further probing. On the other hand, ETH is currently experiencing some consolidation around $1870- $1880, and LINK and DOGE funds are also beginning to flow in against the trend. So what really needs attention now is not just whether BTC will continue to fall, but also: Where are the funds going while $1.396 billion is being withdrawn? At present, it is not suitable to blindly chase short positions, nor is it suitable to buy heavily due to panic. First, focus on whether BTC $62500 can regain its position and whether the funds will flow back. Risk Warning: The above content is only for market information sharing and data analysis, and does not constitute any investment advice.