I just noticed that selling pressure on Bitcoin is showing significant signs of decreasing. According to analysis from Glassnode, when Bitcoin just surpassed $78.95k USD, the outflow of funds from spot Bitcoin ETFs began to stabilize. This is quite interesting because over the past 14 days, net inflows have shifted to a positive trend.



The good thing here is that demand from institutional investors seems to be showing some signs of recovery. Although they are still cautious and not overly optimistic, signs of accumulation are gradually appearing. It appears that organizations are "watching" the current price and considering stepping in.

If this capital flow trend continues positively, selling pressure will continue to decrease. This could be a quite optimistic signal for Bitcoin in the coming weeks.
BTC3.89%
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