Bitcoin ETF, approximately $817 million net inflow in the past week
Initially outflow on Monday, followed by three consecutive days of significant inflows, indicating a clear recovery in market sentiment. This also roughly corresponds to the end of the previous five-week net outflow of the US spot Bitcoin ETF, marking the strongest rebound in recent weeks. If market sentiment continues to improve in the coming weeks, Bitcoin may enter a consolidation phase with a tight sideways trading range. As long as it stays steady, there could be a good upward trend by summer.
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Bitcoin ETF, approximately $817 million net inflow in the past week
Initially outflow on Monday, followed by three consecutive days of significant inflows, indicating a clear recovery in market sentiment. This also roughly corresponds to the end of the previous five-week net outflow of the US spot Bitcoin ETF, marking the strongest rebound in recent weeks.
If market sentiment continues to improve in the coming weeks, Bitcoin may enter a consolidation phase with a tight sideways trading range. As long as it stays steady, there could be a good upward trend by summer.