$BTC is trading near $107,812, experiencing a mild pullback as the Fear & Greed Index hovers at 28 (“Fear”), reflecting cautious sentiment across the market. Despite the short-term weakness, institutional inflows remain strong, signaling sustained confidence from large investors.
U.S. spot Bitcoin ETFs registered $477M in net inflows, reversing a four-day outflow streak. BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $210.9M, driving total ETF trading volume to $7.41B — a firm indication that institutional participation is accelerating. This accumulation trend continues to tighten Bitcoin’s circulating supply as more BTC moves into custodial ETF holdings.
On the technical front, BTC is consolidating around $107,950 support. A breakdown could expose downside targets near $107,400–$104,400, while sustained ETF inflows and a close above the 200-day EMA ($108,070) could trigger a rebound toward $111,700–$114,000.
Institutional capital is increasingly shaping Bitcoin’s market structure. If this momentum persists, it could set the stage for a renewed bullish leg in the months ahead.
