Bitfinex analyst: Bitcoin ETF fund flows have shown early signs of market recovery

Odaily Planet Daily News Bitfinex analysts pointed out that adjustments within the bull market cycle are typical and may indicate a temporary shock rather than the beginning of a long bear market. "The broader market, especially stock and bond yields, will determine the trend of Bitcoin. If global liquidity conditions ease and institutional fund inflows continue, Bitcoin's support at $72,000-75,000 may be maintained, which may lay the foundation for resuming the upward trend. Analysts said: "Bitcoin ETF fund flows have shown early signs of recovery, with net inflows on March 12, breaking five consecutive days of outflows, and ARK Invest's ETF fund inflows are strong, indicating that despite short-term fluctuations, institutional demand remains intact. If fund inflows continue, this may indicate that fund managers are re-adjusting their positions for the Fed's policy shift to dovishness." (Theblock)