Odaily Planet Daily News: Bitfinex analysts point out that the correction during a bull market cycle is typical and may indicate temporary volatility rather than the beginning of a long-term bear market. The broader market, especially stock and bond yields, will determine the trend of Bitcoin. If global liquidity conditions ease and institutional capital inflows continue, Bitcoin's support level of $72000-75000 may remain, which could lay the foundation for a return to an upward trend.
Analysts have stated that the fund flow of Bitcoin ETFs has shown early signs of recovery, with a net inflow on March 12th breaking five consecutive days of fund outflows. ARK Invest's ETF fund inflow is strong, indicating that despite short-term fluctuations, institutional demand remains intact. If the inflow of funds continues, it may indicate that fund managers are readjusting their positions for a dovish shift in Federal Reserve policy （Theblock）
