BlockBeats News, February 11 — QCP Capital released a market analysis on their official channel, stating that Bitcoin and Ethereum rebounded from last week’s lows, sparking market optimism, and a short-term bottom may be forming. QCP still expects BTC to remain in a range-bound oscillation as the market awaits new catalysts. Capital inflows are currently the main driving force.
Yesterday, spot BTC ETF saw a net inflow of $145 million, continuing Friday’s inflow of $371 million and ending previous consecutive outflows, indicating that institutional demand is re-emerging. Spot ETH ETF also shifted from three days of outflows to a net inflow of $57 million, while Tom Lee’s BitMine continues to accumulate, providing strong support for Ethereum.
On the macro level, conditions are showing marginal easing. Tensions between the US and Iran appeared to ease after negotiations last Friday, and weak employment data suggest the Fed may cut interest rates in March. The focus now shifts to non-farm payrolls and CPI reports, both of which could quickly reshape Fed expectations and risk appetite. The selling pressure from US-led spot sales has eased, but market sentiment remains fragile, with the fear and greed index still at extreme fear levels. The BTC/ETH ratio remains stable between 33 and 34, indicating limited rotation; although implied volatility has retreated from high levels, it remains elevated. In the upcoming week filled with macroeconomic data, actual volatility is expected to stay firm.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January
Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.
GateNews41m ago
Bitcoin Ownership Surpasses Gold Among Americans for the First Time
More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.
GateNews1h ago
Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk
Iran Bitcoin toll revives debate on crypto as global payment infrastructure
Geopolitical tensions push Bitcoin beyond store-of-value into currency role
Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives
Bitcoin price outlook has shifted again after fr
CryptoNewsLand1h ago
MicroStrategy Proposes Semi-Monthly Dividends for STRC to Improve Liquidity and Stabilize Stock Price
MicroStrategy has proposed changing its STRC preferred stock dividends from monthly to semi-monthly to enhance liquidity and stabilize stock prices, maintaining an 11.5% annual yield. Concerns about this structure have been raised by Bitcoin critic Peter Schiff.
GateNews3h ago
Tim Draper-Linked Wallet Deposits 150.84 BTC to Major CEX, Facing ~$2.57M Loss
Tim Draper's wallet transferred 150.84 BTC, valued at $11.62 million, to a centralized exchange after a year of holding, leading to an estimated loss of $2.57 million.
GateNews3h ago
Bitcoin Spot ETFs Record $664M Net Inflows, Highest Single Day in Three Months
Bitcoin spot ETFs saw significant net inflows of $664 million on April 17, the largest in three months. BlackRock led the funds with $284 million, followed by Fidelity and ARK. Other products saw minimal contributions.
GateNews4h ago
