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The US government's sale of BTC has triggered market fluctuations, while BTC ETF maintains net inflows, and the short-term BTC price will continue to rebound.
1. The Biden administration sells BTC: The US government sells over 20,000 BTC, leading to a market downturn.
2. BTCETF net inflow: Despite the market Fluctuation, BTCETF still maintains a net inflow status, with an inflow amount of $124 million.
3. Short-term BTCPA: The short-term BTC price has confirmed a downward trend, but multiple indicators show a demand for Rebound. The short-term support area is 64400-63456 at the hourly level.