BIT: BTC demand structure restored, ETF single-day net inflow hits a new high since mid-January

robot
Abstract generation in progress

Odaily Planet Daily News reports that analyst Markus Thielen stated that Bitcoin demand structure is gradually recovering. He pointed out that Strategy’s continuous accumulation provides stable buying support, Coinbase Premium has rebounded, and the daily net inflow of spot Bitcoin ETFs once reached $664 million, the highest level since mid-January.

He believes that corporate funds, ETF inflows, and U.S. spot demand are forming a combined force, along with the return of stablecoin funds, leading to a gradual improvement in market liquidity. Against this backdrop, Bitcoin prices may enter a new consolidation range; if the relevant trends continue, the probability of an upward move increases, but the trend is likely to remain volatile.

BTC0.35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin