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BTC short-term market update:
1) The US ETF institutions had a net inflow of 79.9M yesterday, with small net inflows in recent days;
2) On the order book, both bulls and bears are evenly matched, with sell orders being slightly stronger;
3) On the four-hour level, both long and short trading volumes are weak, with short trading volume slightly stronger.
Summary: Currently in a volatile market, the bears are slightly stronger. There is a high probability of a rebound after falling to the 0.618 Fibonacci channel around 115,000.