After a 23% rise in the week, ETF net inflow broke $3 billion on the 7th

According to Woofun AI, the Bitcoin price entered a technical break after experiencing a sharp seven-day rebound of 23%. Currently, it remains at the $79,000 mark and pulls back 1.2% within 24 hours. The broader CoinDesk 20 index fell 2.1% at the same time, reflecting market fluctuations caused by short-term profit settlements.

This consolidation after a rapid rise is essentially a process of capital being repriced at a high level.

Financial resilience has become a key variable supporting prices. The US-listed Bitcoin Spot ETF recorded a net inflow of $314 million on Tuesday, marking the 7th consecutive trading day of capital inflows. According to data compiled by Woofun AI, the total cumulative net inflow of such products has exceeded 3 billion US dollars so far this month.

This data shows that despite profit recovery on the retail side, institutional allocation demand has not weakened; instead, it continues to bear selling pressure at a high level, providing solid bottom support for the market.

However, the radicalization of sentiment indicators portends potential risks. The Cryptocurrency Fear and Greed Index published by Alternative.me soared from 27 two weeks ago to 74, then declined, indicating that market sentiment had changed from extreme fear to greed. Mercado Bitcoin research analyst Pedro Fontes notes that $82,000 and $85,000 will be the next key resistance levels. He believes that after experiencing such a sharp rise, the current consolidation is a normal market digestion process, and investors need to be wary of pullback pressure brought about by emotional overheating.

The performance of peripheral assets also provides a macro reference for the market. After hitting a three-month high, the price of gold stabilized around $4,630 an ounce, and the volatility decreased significantly. Asian stock markets performed strongly, while US stock market futures remained stable before the release of inflation data and Nvidia (NVDA.US) earnings.

Meanwhile, oil prices have been falling for the third consecutive trading day, indicating an independent trend in the energy sector. The fragmentation of multiple asset classes suggests that global capital is being reallocated according to their respective fundamentals.