The more important signal is not that BTC briefly cleared $78,800, but that the rebound coincided with about $1.9B flowing into US spot BTC ETFs last week. With ETH ETFs adding roughly $697M, combined inflows reached their strongest weekly level since last October.
My read: this gives the move a firmer spot-demand base than a rally driven mainly by short covering. Still, BTC easing toward $77,000 shows the next test is durability. Sustained ETF demand could absorb profit-taking; a slowdown would leave leveraged volatility with more influence. Not advice, just analysis.
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