According to PANews, on-chain analyst Ali (@alicharts) shared insights on the X platform, indicating that the Bitcoin market is currently experiencing a 'dead cat bounce. ' Recent on-chain data reveals a continuous decline in funds flowing into the cryptocurrency market. Over the past two weeks, Bitcoin ETFs have seen a net outflow of nearly $1 billion. Any observed market rebounds may be driven by leverage rather than supported by spot demand, suggesting that the risk of further price declines remains
source: https://www.binance.com/en/square/post/34317731761546?utm_source=BinanceNewsRSS