Just noticed something interesting - spot bitcoin ETFs pulled in nearly a billion in net inflows last week, strongest weekly performance in months. Friday alone was crazy with like $664M coming in. The institutional demand is clearly still there even with all the geopolitical noise lately.

Price action has been pretty wild though. Bitcoin briefly hit $77k after some Iran news, but then pulled back hard when reports came out about the Strait of Hormuz situation tightening again. Currently sitting below $76k and stuck in this range between roughly $72k-$76k. Oil prices rebounded on the uncertainty which didn't help sentiment.

What's interesting is how much bitcoin is reacting to every little shift in geopolitical tensions rather than the actual conflict itself. The ETF inflows suggest institutions are still accumulating, but we need a clearer macro improvement to break out decisively. For now watching the $76-77k resistance and $72k support closely. The consolidation should eventually resolve one way or another.