Have you looked at the BTC ETF data? From the recent BTC ETF data, we can gather the following information: 1. In October, the ETF still maintained a massive weekly net inflow of over $3 billion, but after entering November, it quickly reversed, with consecutive weeks experiencing net outflows of over $1 billion. Institutional funds have been taking large-scale profits before the end of the year. 2. The ETF asset size has shrunk significantly in tandem with the coin price.