On Wednesday, ETH's data was still similar to BTC's. Bitcoin's net inflow has significantly shrunk, mainly due to the price pullback, and ETH is facing the same situation. On one hand, the U.S. stock market is retreating; on the other hand, the situation between the U.S. and Iran remains unclear, constantly fluctuating. Plus, the Strait of Hormuz is still not fully navigable. With the stock market pulling back, it's hard for cryptocurrencies to break out into an independent trend. Looking at the data, whether it's BTC or ETH, major buyers like BlackRock and Fidelity investors have started to pull back. Trading volume in the secondary market is also decreasing, and investors are beginning to worry whether the rebound is over. Bitget is here, and it's VIP all the way! Crypto, U.S. stocks, CFDs—global opportunities, all in one place.