2. 🚫 ETF Pressure (Pump, Sucking Out Money)

As we have already established, the ETF, instead of being a "pump" that injects new money, has become a "pump" that sucks it out.

· Investors are withdrawing dollars from the ETF.

· To return these dollars, the ETF is forced to sell bitcoin.

· This creates a constant, invisible pressure on the chart, like an underwater current.