Speculative Demand Rises as Fund Inflows Strengthen
According to a report published by IntoTheBlock on April 28, the number of short-term Bitcoin (BTC) trader positions surged significantly over the past week, reflecting a renewed uptick in speculative demand.
Analysts suggest that if the current inflow of funds into Bitcoin continues, the market may be witnessing more than just a technical rebound — it could be the early stages of a larger, sustained rally.
Rising Short-Term Activity Could Support Higher Bitcoin Prices
Short-term traders — typically defined as those holding Bitcoin for less than 30 days — have been increasing their exposure, indicating that risk appetite among market participants is rebounding.
"The growth in speculative positions suggests that investor sentiment is shifting," IntoTheBlock noted. "If these inflows persist, it could validate the current price move as the beginning of a broader upward trend rather than a temporary recovery."
The rise in short-term trading activity comes as Bitcoin recently climbed above $95,000 before briefly retracing below $94,000, following weeks of consolidation and macroeconomic uncertainty.
Broader Market Context
The surge in speculative demand aligns with a broader renewal of bullish sentiment across the digital asset sector. Bitcoin inflows into investment products hit $3.18 billion last week, while Ethereum saw its first net inflows after eight weeks of outflows, according to separate fund flow data.
IntoTheBlock emphasized that the continuation of fund inflows will be critical to determine whether Bitcoin can sustain a new bullish cycle heading into the mid-year period.
