灼见Cryptosighted

🚨 BTC is in a correction, while ETFs keep attracting inflows for the 6th straight day.

On September 24, US spot Bitcoin ETFs saw net inflows of about $191 million, with BlackRock’s IBIT contributing roughly $163 million.

More importantly, the cumulative net inflows over the past six trading days have already exceeded $2.8 billion.

This creates the most notable divergence in the current market:

📉 BTC pulls back from highs
💰 ETF funds keep flowing in
🔥 Leveraged longs are being liquidated
🏦 But institutional allocation demand hasn’t disappeared in sync

StoneX senior technical strategist Michael Boutros says that behind the recent rise in BTC, there are mainly three categories of buying: ETF inflows, corporate treasury purchases, and short-covering.

The difference is: short-covering will eventually end, while ETF allocation funds theoretically can continue.

However, the $191 million figure also signals something else—ETF inflows are cooling. Previously, daily inflows were close to $1 billion, then gradually declined to $191 million.

So you can’t simply interpret it as “ETF inflows = price will rise immediately.”

What’s truly worth watching is:

Whether ETF funds can continue to hold net inflow, while BTC—after deleveraging—regains spot buying momentum.

If prices adjust but money keeps entering, it looks more like turnover of positions.

Only if ETFs also begin sustaining negative flows might the market logic genuinely change.

The most important question now isn’t whether BTC is up or down today, but:

When prices pull back, who is still buying?

#BTC #ETH #BNB

🚨 A signal that’s easy to overlook has appeared:

This year, BTC ETF saw cumulative net outflows of about $5.8 billion at one point.

Now, not only has it all been filled back in—year-to-date flows have turned positive again.

But here’s the interesting part:

💰 ETF funds keep coming back
🔥 Leverage is cooling off
📉 But BTC hasn’t broken through immediately
👀 The market is still digesting overhead supply

This suggests it may not be a question of “whether there’s money,” but rather:

Can the newly entering funds absorb the sell orders above?

If ETFs keep attracting capital while BTC gradually raises its lows and highs, this divergence is worth paying attention to.

A real big move often happens when capital changes first, and price confirms later.

Do you think right now it’s:

🟢 A buildup phase
🔴 Even funding can’t rescue the resistance

#BTC #ETH #BNB

@Javed Official 07

@Javed Official 07