#比特币价格走势 Continuous mild inflows for three weeks in a row, this signal is not weak. The weekly net inflow of $864 million warrants further analysis—U.S. markets contributed $796 million, accounting for over 92%, and such high regional concentration actually indicates that institutional deployment strategies are very clear.

Bitcoin saw a weekly inflow of $522 million, and short-selling products experienced outflows for the second consecutive week, reflecting a mood correction. However, compared to historical data, this year’s Bitcoin inflow of $27.7 billion has already decreased by 32% from $41 billion in the same period last year, indicating a significant slowdown in growth momentum.

Interestingly, Ethereum has broken out of an independent trend—$13.3 billion inflow this year, a 148% year-over-year increase. This divergence reflects a market re-pricing of expectations for different assets. Solana, with a total of only $3.5 billion, cannot be ignored despite its tenfold year-over-year growth.

Overall, funds are entering in an orderly manner, but the growth rate is slowing down. After the Federal Reserve cut interest rates, market sentiment and capital flows diverged, indicating that relying solely on macroeconomic analysis to predict market direction has become ineffective. More attention should be paid to the specific on-chain fund movements and structural changes.