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Analysis: Bitcoin Enters Late Bear Market, ETF Shows Initial Signs of Easing Sell Pressure

AirdropBlackHole

2026-07-04 08:31:40

Abstract generation in progress

On July 4, CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has entered the late stage of a bear market, with U.S. spot ETFs showing initial signs of easing sell pressure. In the latest trading day, the U.S. spot Bitcoin ETF saw a net inflow of $223 million, with most demand directed towards FBTC (+$166 million) and ARKB (+$91.8 million).

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