"The short-term bottom for Bitcoin might already be in place, and we could be looking at a rebound soon. Here are a few signals I’ve observed: 1. Bitcoin has been repeatedly testing the 'bull-bear dividing line' at the 64798 level. After breaking through previously and pulling back, it has now stabilized below and broken above 65000 again. While there might still be some back-and-forth at this level, the probability of moving up is higher than down. 2. Bitcoin and Ethereum spot ETFs have seen five consecutive days of net inflows, something we haven’t seen during this recent downtrend. 3. DAT holdings have continued to grow steadily during the pullback, reflecting institutions’ determination to keep buying. 4. STRC’s price has rebounded from 71 to 95, significantly reducing the likelihood of MicroStrategy selling its Bitcoin. Its Bitcoin-buying flywheel might be gearing up again. 5. The Korean stock market has seen a 44% de-leveraging crash, causing many investors to lose access to funds, which are now flowing into U.S. stocks and back into crypto. 6. There’s been a flood of news about crypto professionals switching to the AI industry, signaling that market sentiment has hit an extreme. 7. U.S. non-farm payroll data came in unexpectedly weak, significantly lowering the chances of a rate hike in September. At the same time, the dollar index has dropped sharply, and safe-haven funds have flowed into gold and silver. Theoretically, some of this should also flow into Bitcoin." #Crypto #Bitcoin #Ethereum #MarketAnalysis