Bitcoin ETF Inflows Hit $3.02 Billion!

The Bitcoin frenzy is back! With a jaw-dropping $3.02 billion flowing into Bitcoin ETFs, hopes are soaring for a price breakout beyond $106,000. Yet, there’s an underlying tension as the market navigates potential hurdles.

Whale Activity Suggests Caution

As Bitcoin hovers around the $95,000 mark, heavyweight investors—or 'whales'—are displaying signs of caution. Big players are hedging their bets near this price point, and short positions are on the rise, indicating that we might be gearing up for a temporary cool-off.

April 2025: A Month of Recovery for Bitcoin ETFs

April 2025 has marked a significant turnaround for Bitcoin ETFs, rebounding back to $3.02 billion in monthly inflows after two months of declines. The total net assets have climbed above $110 billion, showcasing renewed confidence from institutional investors. However, despite the influx of capital, Bitcoin’s price has remained stagnant, failing to break past the highs seen in late 2024.

Market Hesitation: A Closer Look

With the market witnessing an influx of funds, the bitcoin price has remained relatively flat, revealing potential supply issues or hesitation among traders. While the funds flow in, it seems many investors are proceeding with caution, possibly preparing for a strategic advantage.

Signs of Bearish Divergence Among Whales

Whale sentiment is shifting as signs of bearish divergence emerge. This trend indicates that large holders are either cashing out or cautiously entering short positions. If this trend continues downward, we may see a short-term correction.

Is Bitcoin’s Momentum Running Out of Steam?

As Bitcoin stabilizes just below the $95,000 threshold, recent trading patterns reflect a lack of clear direction. The Relative Strength Index (RSI) sits at 66.83—hovering near overbought levels but without triggering a confirmed reversal. Meanwhile, the On-Balance Volume (OBV) has leveled off, suggesting that buying interest may be dwindling. If Bitcoin can’t break past the $95,000-$96,000 resistance zone, a pullback could be on the horizon. However, as long as it maintains above $93,000, bulls will retain control, and the $100,000 milestone remains a compelling target for renewed momentum.