【Bitfinex Report: BTC Will Face Global Turmoil, But Institutional Investor Confidence Has Not Wavered】 According to Golden Finance, the Bitfinex Alpha report points out that the cryptocurrency market experienced turbulence last week, with panic selling and forced liquidations sweeping across major exchanges, causing Bitcoin to drop over 11.5% from its May highs. This week initially held hope for the Bitcoin market, but soon macro headwinds such as rising oil prices, concerns about stagflation, and escalating geopolitical tensions caused traders to panic and intensified downward pressure. However, Bitcoin spot ETFs recorded a strong net inflow of $1.02 billion, highlighting the increased confidence among institutional investors. This structural demand has helped stabilize BTC prices within the range of $94,000 to $110,000. With open interest now restored to healthier levels, financing rates are also normalizing. Future trends will depend on whether ETF fund inflows can sustain or if breaking below this support level indicates a deeper shift in market sentiment.

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