BTC is currently hovering around 77k, having surged over 20% in the past week, so the short-term market has clearly entered a high-volatility zone. From August 17 to 21, U.S. BTC ETFs saw net inflows for five consecutive trading days, totaling close to $1.92B. Just a few days ago, ETFs were still experiencing continuous net outflows. Spot funds within the crypto space are also showing a clear trend of returning. Here’s a quick prediction for the price movement: 77k → 80–82.5k → 74–76k → 85k–90k, forming a mini bull run. In the next few weeks, there’s a high probability of a quick 6%–10% deleveraging pullback, but the more significant the pullback, the easier it becomes to trigger a new upward trend.