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The U.S. Bitcoin ETF has a net inflow of more than $1 billion for two consecutive days for the first time, and there have only been 7 times when the daily inflow exceeded $1 billion
Odaily News Nate Geraci, president of The ETF Store, posted on the X platform that since the launch of the US Bitcoin spot ETF in January 2024, there have been only seven days with inflows exceeding $1 billion, two of which occurred in the past two days. Prior to this, the last time the inflow exceeded $1 billion was on January 17 this year, with an inflow of $1.07 billion on that day.
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Despite the sharp rally, caution is warranted. The $70,000–$72,000 zone has historically been strong resistance. The ceasefire is only temporary (two weeks), and any breakdown in negotiations could trigger a sell-off toward the $62,000–$65,000 support zone. For now, Bitcoin needs to close decisively above $72,500 to confirm a true breakout; failure to do so within 48–72 hours could lead to a swift retracement.
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