#BTCRebundsBack

The recent surge in Bitcoin is attributed to several factors:

* ETF inflows:

* The steady flow of capital into Bitcoin ETFs in the U.S. indicates strong institutional interest.

* Institutional interest:

* Larger entities, such as asset managers and sovereign funds, are showing increasing interest.

* Market dynamics:

* The liquidation of short positions and the increase in open interest suggest bullish pressure.

* Market sentiment:

* There is a sentiment that the market is beginning to stabilize, and that many investors who were waiting for a better price are entering the market.

However, institutional caution persists due to macroeconomic uncertainty and the Federal Reserve's restrictive stance.