​Key Factors Driving BTC’s Next Move:

​ETF Fund Flows: Price recovery largely hinges on the return of institutional fund inflows into Spot Bitcoin ETFs.
​Macroeconomic Policy: The Fed’s interest rate decisions and US inflation data remain the main drivers of investors’ risk appetite.
​Retail & Whale Accumulation: A high deposit-to-exchange ratio suggests that selling pressure is still lurking, even though gradual accumulation at lower prices has begun to show.
​Note: The current state of the industry is far more mature than during the 2022 crypto winter, so experts consider the likelihood of an extreme drop below $30,000 to be very small. The market is more likely to move sideways or undergo a healthy correction to test liquidity.