Analyst: Bitcoin Short-Term Holders’ Selling Pressure Eases, Institutional Funds Returning Still to Be Seen

BlockBeats News, July 12th, CryptoQuant analyst Axel Adler stated in a post that the Bitcoin short-term holder realized price pressure model shows that the current short-term holders' buying and selling pressure is slightly cooling off, with the buying pressure still maintaining the lead.

At the same time, against the backdrop of 8 consecutive weeks of outflows, the ETF market recently saw a net inflow of about $197.4 million, but this amount is not sufficient to confirm a reversal in institutional demand trends, indicating that market funding momentum remains weak. Next week, the market will see the release of several important macroeconomic data and events. Whether institutional funds will return remains to be seen.