wasn't it buy the rumors and sell the news events? I think the news has been sold and now the time for consolidation for bitcoin. IMO bitcoin will not start moving upward before the halving and even after the halving bitcoin will still continue moving sideways. In the meantime all those ETF managers will keep buying bitcoin and they will emerge as the biggest bitcoin holders in the industry. Which is good for the short term but in the long term this things can turn ugly.
If I may know what bad consequences could arise from this for Bitcoin? Because I still think that if there were more people holding Bitcoin before or after the halving it would definitely be much better for Bitcoin itself with the potential for a more valid price increase to occur. But on the one hand, you might think that the managers of the ETF will throw away Bitcoin after the increase occurs, but I would never worry about that because holders who have invested their trust in Bitcoin so deeply will not throw away Bitcoin carelessly at one time.