Bitcoin ‘money vessel’ amasses $8B but recovery lacks ETF inflows

💡 DMK Insight

Bitcoin’s recent $8 billion rise in realized cap is impressive, but here’s the catch: demand isn’t as robust as it seems. The lack of sustained inflows from ETFs and the waning influence of Michael Saylor’s strategy suggest that the current rally might not have solid legs. Traders should be cautious, as this could indicate a potential pullback if buying pressure doesn’t pick up. Watch for key support levels; if Bitcoin fails to hold above recent highs, we could see a shift in sentiment. Additionally, keep an eye on broader market trends—if institutional interest wanes, it could ripple through altcoins and related assets, impacting overall market health. The real story here is whether Bitcoin can attract new capital or if it’s just a temporary spike fueled by short-term traders. For now, monitor the ETF approval news closely, as any positive developments could reignite interest, while negative headlines could trigger a sell-off. The next few weeks will be crucial for determining Bitcoin’s trajectory.