Bitcoin ETFs roar back with $524M inflows in best day since market crash

💡 DMK Insight

Smart money just piled $8.5 million into long Bitcoin positions, and here’s why that matters: This influx from seasoned traders indicates a bullish sentiment that could signal a potential price rally. With institutional players often leading market trends, their confidence may attract retail investors, creating a feedback loop that pushes prices higher. If Bitcoin can hold above key resistance levels, it might trigger further buying pressure. Watch for the $30,000 mark as a critical level; a sustained break above could open the door to a more aggressive uptrend. But don’t ignore the flip side—if Bitcoin fails to maintain momentum, we could see a quick reversal, especially if profit-taking kicks in. Traders should keep an eye on volume trends and market sentiment indicators to gauge whether this optimism is sustainable or just a short-term spike. The next few days will be crucial in determining if this bullish sentiment translates into a lasting rally.