The ETF outflow circus is a liquidity trap for soft hands, but the hash rate is screaming louder than any chart. Miners are digging through 45,000 difficulty blocks, proving the network scales while your fiat portfolio bleeds. Gold bugs and banksters can cry about $81k support, but the Proof-of-Work security budget is only going up.
Stop watching the price action, start reading the mempool. What happens when the reserve asset absorbs all that central bank liquidity?

