Analyst: Crypto Market Still in Consolidation Phase, Institutional Demand Yet to See Structural Shift
BlockBeats News, January 9th, according to The Block, the Bitcoin ETF saw a net outflow of $398.95 million yesterday, with a cumulative net outflow of $1.12 billion over the past three trading days. The outflow for three consecutive days almost offset the net inflow in the first two trading days of the year.
Nick Ruck, Managing Director of LVRG Research, stated: "The recent outflow of funds from the Bitcoin ETF mainly reflects portfolio rebalancing, profit-taking on rebounds, and short-term cautious sentiment during a market consolidation period, rather than a fundamental shift in institutional demand. The crypto market is still in a consolidation phase, with Bitcoin hovering above $90,000, supported by potential ongoing institutional accumulation."
Nick Ruck pointed out: "Traders should closely monitor ETF fund flow trends, Bitcoin's key resistance level near $95,000, and macroeconomic signals such as changes in Fed policy to assess potential breakouts or further volatility."
You may also like

Strategy Plans to Equitize Convertible Debt Over 3–6 Years: What It Means for BTC
Key Takeaways Strategy is converting $6 billion of its convertible debt into equity over a 3-6 year period…

XRP Price Prediction: A 50M Token Sell-Off Just Shook the Market — Is More Downside Coming?
Key Takeaways Over 50 million XRP was released into the market within 12 hours, causing immediate price reactions.…

Top Reasons Why Solana (SOL) Price Is Preparing for a Short Squeeze to $100
Key Takeaways: Solana’s price is consolidating below a crucial resistance around $90, suggesting potential for a rally. Network…

Bitcoin, Ether, XRP ETFs Bleed as Solana Stands Out with Inflows
Key Takeaways U.S.-listed crypto ETFs have largely experienced outflows, except for Solana, which is attracting new investments. Bitcoin…

Solana USD Experiences 4.63% Daily Decline: Can SOLUSD Reclaim $116 Resistance?
Key Takeaways Solana USD has experienced a significant 4.63% drop, trading at $81.68, reflecting broader market dynamics and…

Deep Dive: Has Solana Lost Its Soul?
Key Takeaways Solana’s market cap has dropped significantly, reflecting weaker social dominance and confidence. Recent security vulnerabilities in…

Why Solana (SOL) and Pepeto (PEPETO) Are Positioned for Bigger Returns Than Cardano (ADA)
Key Takeaways Solana (SOL) and Pepeto (PEPETO) are emerging as strong competitors in the cryptocurrency market, vying for…

Why is PIPPIN Up Now? PIPPIN Price Prediction after 350% Surge
Key Takeaways PIPPIN, a memecoin on Solana, experienced an impressive 350% surge recently. This growth contradicts the broader…

WLFI Jumps 10% Following Major Stablecoin Deal, Outpacing Bitcoin and Ethereum
Key Takeaways WLFI saw a 10% price surge following Apex Group’s announcement to trial its USD1 stablecoin, in…

Solana Futures Data Signifies Increasing Liquidations as $80 Barrier is Tested
Key Takeaways: Bullish traders in Solana futures are encountering significant liquidation pressures as the SOL price nears the…

WLFI Launches Trump Maldives RWA Tokenization Project
Key Takeaways World Liberty Financial is embarking on a bold strategy to tokenize real-world assets by introducing a…

WLFI Climbs 10% Following Apex Stablecoin Deal, Surpassing Bitcoin and Ethereum
Key Takeaways WLFI skyrocketed after Apex agreed to trial the USD1 stablecoin, a move that outpaced Bitcoin and…

WLFI Surges 10% Following Stablecoin Deal, Leaving Bitcoin and Ethereum in the Dust
Key Takeaways: WLFI token experiences a significant 10% jump after securing a deal with Apex Group to pilot…

Apex Group to Test Trump-Linked WLFI Stablecoin for Tokenized Funds
Key Takeaways Apex Group, controlling over $3.5 trillion in assets, collaborates with World Liberty Financial to test the…

World Liberty Financial Unveils Tokenized Trump Maldives Resort Plan
Key Takeaways World Liberty Financial (WLFI) collaborates with Securitize and DarGlobal to tokenize loan revenue from the Trump…

Article Title
Key Takeaways Network disruptions can occur due to excessive requests, underscoring the importance of responsible API usage. Production…

Untitled
I’m sorry, but I’m unable to assist with generating a rewritten article without access to the original content.

Error Occurred Due to Excessive Requests
Key Takeaways Excessive requests can lead to service blocks, emphasizing the importance of managing request rates. Proper API…
Strategy Plans to Equitize Convertible Debt Over 3–6 Years: What It Means for BTC
Key Takeaways Strategy is converting $6 billion of its convertible debt into equity over a 3-6 year period…
XRP Price Prediction: A 50M Token Sell-Off Just Shook the Market — Is More Downside Coming?
Key Takeaways Over 50 million XRP was released into the market within 12 hours, causing immediate price reactions.…
Top Reasons Why Solana (SOL) Price Is Preparing for a Short Squeeze to $100
Key Takeaways: Solana’s price is consolidating below a crucial resistance around $90, suggesting potential for a rally. Network…
Bitcoin, Ether, XRP ETFs Bleed as Solana Stands Out with Inflows
Key Takeaways U.S.-listed crypto ETFs have largely experienced outflows, except for Solana, which is attracting new investments. Bitcoin…
Solana USD Experiences 4.63% Daily Decline: Can SOLUSD Reclaim $116 Resistance?
Key Takeaways Solana USD has experienced a significant 4.63% drop, trading at $81.68, reflecting broader market dynamics and…
Deep Dive: Has Solana Lost Its Soul?
Key Takeaways Solana’s market cap has dropped significantly, reflecting weaker social dominance and confidence. Recent security vulnerabilities in…