This is real capital support. Bitcoin spot ETF net inflows have reached approximately $2.5 billion this month, and the outflow gap from earlier in the year is almost filled, with $IBIT surging into the top 2% of annual capital inflows. The price pulled back roughly 40%, media bearishness hasn't stopped, but buying pressure hasn't scattered. For $BTC , this kind of inflow won't necessarily push the price up immediately, but it will make the support level underneath increasingly strong. $BTC