"Bitcoin 'Calm' Consolidation, Behind It Are Institutions 'Secretly Bottom Fishing'?"
Recently, the market seems to have fallen into a 'boring' trend, with Bitcoin showing little fluctuation, causing many short-term traders to doze off. But as the old saying goes, 'the mountain rain is about to come, the wind fills the building'; beneath the surface calm, there are often undercurrents.
If you think that institutional bigwigs are also dozing off, you are very mistaken. Data shows that the U.S. Bitcoin spot ETF has achieved net inflows for several consecutive trading days, especially products issued by giants like BlackRock (IBIT) and Fidelity (FBTC), which are continuously 'accumulating'. What does this mean? It means Wall Street is taking advantage of this consolidation period to steadily build positions at relatively stable prices.
