📊 BTCAT CHART 📊
The capital inflow into BTC has begun to decline, failing to sustain its peak.
From a capital flow perspective, the peak inflow during this rebound occurred on April 29, with a 7-day net inflow of 10.8billion. As of May5, the 7−day net capital inflow has dropped to 6.9 billion, indicating a clear slowdown.
This scale is close to the peak recorded on June 3, 2024, when the 7-day net inflow reached 12.8billion, driving BTC to retest its previous all−time high($73,000). However, due to insufficient sustained capital inflow afterward, BTC only rallied to $71,000 and ultimately failed to break the previous high.
Therefore, If capital inflows fail to persist, BTC's price will lack upward momentum.
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Post #142
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