**Bitcoin's Brief Respite**
๐ Bitcoin has regained some ground, surging 0.7% to $88,200. This rebound can be attributed to a few factors.
**ETF Involvement**
A significant development is the involvement of ETFs, which have absorbed 7.2% of the total supply. This influx of investment has provided much-needed liquidity and stability to the market.
**Market Dynamics**
However, despite this upward momentum, whale selling in the $88-$90,000 zone continues to limit further gains. The Metaplanet U.S. ADR launch has also had a moderate impact on prices, but its effects are being somewhat offset by ongoing selling pressure.
