Bitcoin is no longer considered a strong buy due to selling pressure from ETF-related trading, according to Chinese crypto analyst Banmu Xia. The analyst, referencing MarsBit, noted that ongoing ETF selling has weakened Bitcoin's mid-term liquidity, making it a less attractive long-term investment at this time. While Bitcoin may still see future gains, the current risk-to-reward ratio is less favorable, and high-probability opportunities are scarce during this consolidation phase.