Monday's data turned out much better than I expected. Although bitcoin:native spot ETFs still saw net outflows, it's clear that apart from the major holders like BlackRock and Grayscale experiencing outflows, other institutions showed varying degrees of inflows. This proves what we said earlier was correct—$60,000 is a price point even traditional investors with little interest in crypto are willing to buy the dip at. So even if Bitcoin's price drops below $60,000, I think the dip-buying sentiment among investors will only grow stronger. Of course, the current focus is on U.S. inflation data, so we can anticipate a drop after the CPI is released on Wednesday. By looking at Tuesday and Wednesday's data, we'll know how traditional investors react to the expected decline. Bitget is here, and it's VIP all the way! Crypto, U.S. stocks, CFDs—get ahead globally with one-stop positioning.