Parr BTCETF Daily Commentary – October 28 1. Data Overview October 27: IBIT +151 million, FBTC +24.5 million, totaling approximately +176 million. The previous day, October 26, saw IBIT alone gain 110 million. The cumulative net gain for October, from approximately -202 million as of October 26, after adding yesterday's figures, is still approximately -27 million, remaining negative. 2. Data Analysis 1) This month, IBIT alone has absorbed approximately 1.02 billion, still slightly negative overall, with the selling pressure primarily on FBTC and ARKB. Institutional funds are still pouring into IBIT. 2) The price has been in the 792-811 range for five days. The lower boundary (791-793) was breached twice and recovered, while the upper boundary (811-812) has been rejected three times. 3) Tonight is crucial. If the price stabilizes above 812, we can expect further upward movement; if it continues to be rejected by 812, we should continue to expect liquidity plundering from 791.