Persistent spot ETF net inflows confirm robust institutional absorption, underpinning strong price discovery. On-chain metrics show declining exchange reserves and consistent positive funding rates across perp markets, signaling accumulation over distribution. The post-halving supply shock narrative, coupled with this sustained demand, will provide ample upward momentum for BTC to re-test and stabilize above 68,000 by month-end. 85% YES — invalid if cumulative ETF outflows exceed $1B prior to April 25.
Persistent spot ETF net inflows confirm robust institutional absorption, underpinning strong price discovery. On-chain metrics show declining exchange reserves and consistent positive funding rates across perp markets, signaling accumulation over distribution. The post-halving supply shock narrative, coupled with this sustained demand, will provide ample upward momentum for BTC to re-test and stabilize above 68,000 by month-end. 85% YES — invalid if cumulative ETF outflows exceed $1B prior to April 25.
