Technical Analysis and Market Liquidity
$BTC has recently shown a fluctuating trend in the 4-hour candlestick chart, with the MACD indicator indicating strong bullish momentum, but the KDJ death cross suggests short-term correction risks. Despite the ETF experiencing a single-day net outflow of 1,238 BTC (approximately $103 million), institutional holdings remain high (e.g., BlackRock holds 572,000 BTC), and market liquidity is still concentrated in BTC, in stark contrast to altcoins.