Current BTC spot price action around $63.5k exhibits significant deceleration in upside velocity. Net ETF inflows have largely stagnated, frequently flipping negative, indicating insufficient institutional capital rotation to propel a swift breach of the previous cycle ATH. The $73.8k overhead liquidity zone presents formidable resistance, highly improbable to be decisively retested and cleared by May 5 without a significant, unforeseen demand shock. 90% NO — invalid if 24h aggregate spot ETF net inflows exceed $400M daily for 72 consecutive hours.
Current BTC spot price action around $63.5k exhibits significant deceleration in upside velocity. Net ETF inflows have largely stagnated, frequently flipping negative, indicating insufficient institutional capital rotation to propel a swift breach of the previous cycle ATH. The $73.8k overhead liquidity zone presents formidable resistance, highly improbable to be decisively retested and cleared by May 5 without a significant, unforeseen demand shock. 90% NO — invalid if 24h aggregate spot ETF net inflows exceed $400M daily for 72 consecutive hours.
