Bitfinex report: Institutional buyers have not yet offset selling pressure, crypto market is waiting for trend reversal

Odaily Planet Daily News: Bitfinex has released its latest analysis report, which points out that Bitcoin fell to a low of $77041 last week, with a retracement of 29.7%, marking the second deep correction in this bull market. Meanwhile, the continuous outflow of US spot Bitcoin ETFs (totaling $921.4 million last week) indicates that institutional buyers do not yet have sufficient strength to offset selling pressure. From a historical perspective, when new capital inflows slow down and cost base trends change, it indicates that the demand environment is weakening. As Bitcoin strives to maintain above critical levels, this trend is becoming increasingly evident. If no new buyers intervene, Bitcoin may face the risk of long-term consolidation and even further decline, as weaker buyers will continue to exit their positions. The key factor to consider is whether long-term holders or institutional demand will reappear at these lower levels. If investors with stronger funds begin to absorb supply, this may indicate a shift towards accumulation, which could stabilize price trends and reverse market sentiment.