Anticipate BTC to remain range-bound below 70k. Recent spot ETF net flows have significantly decelerated, with multiple days registering net outflows, while derivatives funding rates stabilize at neutral levels, indicating a lack of aggressive bullish leverage. Post-halving miner distribution pressure compounds this headwind. Current consolidation around $64k lacks the catalyst for a strong breakout. 85% YES — invalid if cumulative spot ETF inflows exceed $1B by April 26.
Anticipate BTC to remain range-bound below 70k. Recent spot ETF net flows have significantly decelerated, with multiple days registering net outflows, while derivatives funding rates stabilize at neutral levels, indicating a lack of aggressive bullish leverage. Post-halving miner distribution pressure compounds this headwind. Current consolidation around $64k lacks the catalyst for a strong breakout. 85% YES — invalid if cumulative spot ETF inflows exceed $1B by April 26.
