Bitcoin price pressure is showing, and I’ve noticed an interesting thing—institutions are still net buying even though prices are falling. Currently, BTC is trading at $77,620, having decreased significantly over the past few weeks. The US spot BTC ETF sees an average daily inflow of 5,445 BTC, indicating that major players are still building positions.

But here’s the problem—despite net buying, prices are not rising. This means those who bought earlier are now selling, especially during rebounds. The overall market score is at 24 points, indicating a slight downward trend. Stocks are going down, gold is going up—this signals a risk-averse mode. In this environment, BTC is not acting as a “safe haven,” but rather behaving like a risky asset.

For a genuine recovery, we want to see a return above the average cost along with consistent net inflows. Now is just the time to wait.