Is there sell the news going on?

Finally, the long waiting of all crypto investors and whole community has vanished as SEC approves all the spot BTC etf.But the BTC is going down rather going up.Is this might be the sell on news? Yes we can say .As the higher CPI on 11th JAN also plays equally important role to push BTC down but there might have been sell off from the whales as there is bullish sentiment everywhere.But in the long run BTC seems super bullish .In 2024,there is expectation of the Fed interest rate will be lowered and the upcoming halving make a higher chance for BTC to suprass its ATH.