BTC just pulled off a 'fake dip.' After dropping to 80,300, Trump said there’d be no strike on Iran before the midterm elections, and the price bounced back to around 82,000. On the surface, it looks like geopolitical tensions easing, but underneath, it’s still money pulling out. 1. U.S. spot BTC ETFs saw a single-day net outflow of about $244 million, while ETH ETFs had another $72.5 million outflow. Total outflows for October are closing in on $1 billion. 2. The rebound is driven by sentiment, not spot buying. 81,000 is short-term support, but if it doesn’t reclaim 82,500–83,300, this is just a bounce, not a reversal. 3. Meanwhile, Thailand approved its first batch of spot BTC/ETH ETFs, which will be tradable next week. Asian money is flowing in, while Wall Street is pulling out.