Analysis: Bitcoin has entered the late stage of a bear market, and the ETF is showing that selling pressure is beginning to ease for the first time

CryptoQuant analyst Axel Adler Jr. posted an analysis on the X platform stating that Bitcoin has entered the late stage of a bear market, and the U.S. spot ETF has shown for the first time that selling pressure is easing. In the latest trading day, the U.S. spot Bitcoin ETF saw a net inflow of $223 million.

Most of the demand flowed into FBTC (+$166 million) and ARKB (+$91.8 million).