Recently, the cryptocurrency market has shown a complex trend of capital flow. Ethereum ( ETH ) has exhibited a relatively positive capital flow, with a net inflow of $153 million. In stark contrast, Bitcoin ( BTC ) has faced a massive outflow of capital, with a net outflow reaching $643 million, marking the second-highest single-day outflow record in recent times.

This significant difference in capital flow reflects the divergence of investor sentiment. Although Ethereum has attracted new investments, its price performance has failed to shake off the downward pressure of the overall market. The large outflow of funds from Bitcoin directly led to its price drop, and this downward trend further affected the entire cryptocurrency market, including Ethereum.

It is worth noting that the selling behavior of the Ethereum Foundation has also put additional pressure on the price of ETH. This series of factors combined has led to the price not being able to resist the downward trend, despite the inflow of funds into Ethereum.

This phenomenon highlights the high correlation and complexity of the cryptocurrency market. Even when individual assets experience positive capital flows, it may be difficult for them to operate independently of the overall market trends. Investors need to consider multiple factors when making decisions, rather than just the capital flow of a single asset.