#数字资产市场动态 $BTC has a spot ETF now, and the market has shown an interesting pattern.

Two consecutive months of net selling? Usually, in the third month, the trend reverses, and buying continues. The upward momentum often follows.

Let's review. In February and March 2025, institutions were selling off. The price kept declining. Then, in April, a turning point occurred—buy orders flooded in, and the market was pushed up.

Now, looking at November and December, there is again continuous selling pressure. So the question is: in January 2026, will the spot ETF restart its eating mode?

If this cycle continues, logically, there is a possibility. But the market never follows a script; macroeconomic environment, policy directions, capital conditions—any variable could change the outcome. However, as an observation point, this pattern is indeed worth watching closely.