Bitcoin Short-Term Buying Interest Cools Down Amid Weak Capital Momentum

CryptoQuant analyst Axel Adler's weekly analysis report shows that short-term buying interest in Bitcoin is cooling down, but capital momentum remains weak. According to his actual stress model for short-term holders, the buying and selling pressure among these holders is slightly decreasing, with buying power still dominant.

Meanwhile, after eight consecutive weeks of net outflows from exchange-traded funds (ETFs), the market recently saw a net inflow of approximately $197.4 million. However, this amount is not sufficient to confirm a reversal in institutional demand trends, indicating that market funding momentum remains weak.

Institutional capital inflows are still needed to be observed, and next week's release of key macroeconomic data points and events will likely influence the market's direction. Whether institutional funds will return remains to be seen.