Bitcoin Market Faces Potential Decline Amid Decreasing Inflows
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.
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