GN CT 🌖 The last confirmed spot Bitcoin ETF flows were negative. Liquidations have slowed since the weekend, but easing pressure does not yet establish that buyers have taken control. Inflation data is the next catalyst. I’ll watch short-term Treasury yields and the dollar alongside BTC. The useful signal is whether price holds after the first reaction, once those markets have repriced. Weak mining economics are pushing some operators toward AI colocation. Nvidia’s board inquiry adds uncertainty to that separate compute story, though neither directly explains tonight’s BTC range. BTC remains above its recent low. The inflation reaction will test whether that recovery has depth.