$BTC

About 105,938 USDCs have been trading up to 0.86% in the last 24 hours. Spot ETF inflows have been strong for several consecutive days. Between June 13 and June 18, the total daily net flow ranged from 216 million to 433 million dollars, reflecting a constant institutional status. The major contributor Ibit remains, which was brought alone to 278.9 million on 18 June. GBTC has continued to show minor outflows, recorded on the same day -16.4 million, showing that the internal rotation from the Legacy Trust products is slow. On the side of the margin, around 03:00 isolated spikes in isolated lending activity, which has since been normalized. The prolonged short ratio has been moving towards 42, suggesting a bias towards leveraged long positions. However, margin debt growth remains cyclical rather than impulse. On the money flow side, large wallets have consistently shown continuous outflow with five -day cumulative net outflows on -935 BTC. While ETFs are absorbed capital, whales are reduced the risk at the same time. Money flow analysis by order size shows a slightly more aggressive purchase at all levels. Large buy orders sell outpace orders, but not significant. The net flow for the last 24 hours is negative, approximately -90 BTC, indicating that ongoing purchases are being funded by internal rotation rather than new capital entering the market. Technically, RSI (6), RSI (12), and RSI (24) are hovering in a neutral area between 50 and 54, which does not suggest immediate overbott or oversold conditions. The MACD histogram remains in a negative area with shrinking the bar, which indicates a weak recession speed, but is not yet reversed. Stochrsi is at 18.28, approaching the oversold territory, but is not yet a sign of a clear entry. In summary, the spot ETF demand is structurally supporting the value.👑