BIT: BTC demand structure recovers, with ETF single-day net inflows hitting a new high since mid-January
Odaily reports that analyst Markus Thielen stated that the demand structure for Bitcoin is gradually recovering. He pointed out that Strategy's continuous accumulation provides stable buying support, a certain exchange’s premium is recovering, and daily net inflows into spot Bitcoin ETFs once reached $664 million, the highest level since mid-January.
He believes that corporate funds, ETF inflows, and US spot demand are forming a combined force, and with stablecoin funds flowing back into the market, liquidity is gradually improving. Against this backdrop, Bitcoin’s price may enter a new sideways trading range. If relevant trends continue, the probability of an upward movement increases, but the overall trend may still be dominated by consolidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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