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Of course, whether the current #Bitcoin price is a bottom cannot be judged solely by the market and price; sentiment and capital flow must also be considered, especially at the start of a new week. Regarding sentiment, the situation is now effectively controlled: frozen assets remain frozen, and the impact of other unrecoverable assets on the market is still uncertain. At the same time, we need to observe whether the market remains overly tense and worried. #美股与金银同步大跌，避险资金流向分化 In terms of data, the focus is on #BTC ETF data and crypto capital flows. If capital continues to maintain net inflows, it means panic is gradually easing, especially ETF funds. This week's #BTC ETF data shows net inflows for four consecutive days from Monday to Thursday, with the net inflow increasing from Monday to a peak on Wednesday, weakening on Thursday, and then a theft incident on Friday caused a large net outflow of funds. Overall, this week saw a net outflow of 202.4 million, with IBIT being the main channel for net inflows this week and also the main channel for panic selling on Friday. IBIT alone still maintained a net inflow of 176.9 million this week. Clearly, the risk event early Thursday did cause some panic and net outflow of funds in the market. Therefore, to determine if this is the bottom, we need to see if ETF funds turn to net inflows next week with strong return flows. If net outflows continue next week, then short-term effective support has not yet arrived! Regarding crypto market data, this is just a record because the risk event early Thursday caused disruptions in trading, capital flows, and the market cap of major stablecoins.