#比特币价格走势分析 I've been watching the Bitcoin price all day; this wave of ETF redemptions is really intense. Citi's analysis is pretty interesting: every $1 billion redeemed can push the price down by 3.4%. That means $3.5 billion in redemptions could drag it down by about 12%. But the market's reaction doesn't seem that severe, so there might be other factors providing support.

At times like this, it's even more important to pay attention to the moves of major ETFs, especially BlackRock's IBIT. It accounts for 60% of the redemptions, which is almost its worst monthly performance. We need to closely monitor capital flows over the next few days to see if a chain reaction will occur.

For copy trading, big volatility like this brings both risk and opportunity. I’ll be adjusting my strategy—lowering leverage, increasing observation periods, and especially keeping an eye on traders who remain stable during the downturn. After all, real gold fears no fire; tough times are when true experts stand out. Everyone should pay attention to risk management—don’t get carried away by short-term swings.