The pace of Bitcoin ETF has slowed down, the $110,000 mark becomes crucial, how far away is the next wave of surge?
ETF inflows have dropped from $435 million to $160 million, seemingly cooling down, but demand remains strong—IBIT leads with inflows of $131 million, bringing the total scale close to $50 billion. The big moves from Bitwise and BlackRock have caused Bitcoin to slightly retreat to $107,939, but the derivatives market is sending bullish signals:
The positive funding rate has slightly increased, indicating that bulls are not anxious;
A large number of call options are being aggressively bought, betting on a breakthrough of the key resistance at $110,000.
This $110k line is not just a number; it is a touchstone for market sentiment. Breaking through it may trigger a rebound; if suppressed, we might see a healthy consolidation.
ETF fund flows and options data tell us that long-term confidence is still accumulating. The current question is—are you ready to welcome this potential surge? Or will you choose to wait and see? Leave a message to share your thoughts.