The inflow of Bitcoin ETF funds has slowed down, decreasing from $435 million to $160 million. The market appears to be calming, but the actual demand remains strong. Among them, IBIT continues to maintain a leading position with a daily inflow of $131 million, and the total scale of the ETF is approaching the $50 billion mark.

Affected by market adjustments from institutions like Bitfinex and BlackRock, the price of Bitcoin has slightly retreated to $107,939. However, the derivatives market shows positive signs: the positive funding rate has risen slightly, indicating that bullish confidence remains solid; at the same time, trading in call options is active, with investors generally optimistic about breaking through the key resistance level of $110,000.

$110,000 is not just a simple price point, but represents an important watershed of market sentiment. If this resistance level is successfully broken, it may trigger a new round of upward movement; conversely, it may enter a healthy consolidation phase.

Based on the analysis of ETF fund flows and options market data, investors' long-term confidence in Bitcoin continues to accumulate. In the current market situation, investors need to assess their position strategy: should they actively participate in the potential upcoming bullish trend, or should they temporarily wait and see for a clearer direction?