Approximately 17,000 Bitcoins flowed into exchanges this week, indicating that short-term traders may be exerting selling pressure due to the difficulty in maintaining recent high prices. This trading activity highlights market divergence: long-term holders are demonstrating confidence through increased holdings, while short-term traders are becoming more active. The strong demand for Bitcoin ETFs further influences market dynamics; although this may increase volatility, it can also attract buyers during price declines, providing a buffering effect to prevent long-term price drops.