💰 Emotion & Financial Situation: Under cautious sentiment, institutions are still "slowly buying"

On the surface, the market seems calm,

but the funds have not left the field.

🔍 Key Information

Leverage levels continue to rise, and liquidation risks are accumulating

But the annual net inflow of BTC ETFs is about 25 billion dollars

📌 A very typical split structure:

Retail investors: cautious, afraid of corrections, not daring to chase

Institutions: continuously and quietly increasing positions through ETFs

At the same time, new variables are emerging at the regional level👇

🇧🇷 Brazil's crypto activity has grown by 43% year-on-year

🇭🇰 Hong Kong plans to allow insurance funds to enter crypto assets

👉 This is not a sentiment bull,

but a slow bull phase where the financial structure is changing. $BTC $ETH #SOL上涨潜力 #隐私币生态普涨