Oh my God, I just realized how crazy 2025 is going to be for the crypto world😱 Especially with the Bitcoin ETF situation. Since I started paying attention to crypto, I've heard this is a big event. Didn't expect it to stay hot all year round?

What shocked me the most was the big crash on 10.11… setting the highest single-day liquidation record in crypto history??? I can hardly imagine how leveraged traders felt that day. It also made me realize that capital flow can influence the market so much. The institutional funds coming in and out of Bitcoin ETFs really can cause waves.

And then there’s Trump’s series of moves—sometimes policy favorable, sometimes tariffs increased… This kind of swings really makes people anxious, but it seems to have helped Bitcoin reach new highs in the end? Regulatory shift from strict enforcement to innovation-friendly is probably good news for us newbies, at least allowing us to learn and experience more confidently.

Now I especially want to understand how ETF funds specifically flow—can large institutional capital directly push up the price? And are liquidations like on 10.11 really unavoidable? I’d like the experts to give newbies a simple explanation🙏 The experience in 2025 makes me both excited and a little scared of this market…