$BTC Matrixport Weekly Report indicates that macroeconomic headwinds and changes in global liquidity may lead Bitcoin into a consolidation phase. Although ETF inflows are steady, the Federal Reserve's hawkish stance may limit further increases.
The report suggests that Bitcoin's upward momentum is more influenced by Federal Reserve policy rather than the launch of ETFs. Technical analysis shows that the 'shooting star' candlestick pattern indicates that the medium-term upward trend may be nearing its end.