bitcoin:native BTC is back above 80K USDT, with the latest funding rate around +0.0072%, still not overheated. More importantly, the U.S. spot BTC ETF has seen net inflows for 8 consecutive trading days, totaling approximately $2.8 billion this round. Last night, Nasdaq +1.57%, S&P +0.72%, and NVIDIA surged 8.7%, reigniting AI trading hype. However, the 10Y U.S. Treasury yield is still hovering around 4.68%, and the Dollar Index is about 99.2. BTC's strength now lies in spot market inflows, while U.S. stocks are driven by AI profits. As long as ETF inflows continue and BTC holds above 80K, the trend remains bullish. The real variable tonight is Jackson Hole—if long-term Treasury yields stop climbing, BTC and tech stocks might have a chance to resonate further.