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BTC rebounded to around 96400 this morning, with the CVD indicator trending upward overall, indicating that buying pressure is dominant.
From a capital perspective, spot trading indeed faces short-term pressure—net outflow of 13.15 million over 1 hour, and net outflow of 96.4 million over 4 hours. However, over a longer cycle, the situation is different: a 24-hour period has already shifted to a net inflow of 1.46 billion, and the weekly chart shows a strong inflow of 8.42 billion. The futures market is even more aggressive, with a 24-hour net inflow of 15.19 billion, clearly indicating bullish sentiment.
Therefore, the overall trend suggests that medium- to long-term funds are flowing back, but caution is needed regarding short-term chasing risks.
Additionally, the premium on a certain compliant platform has returned to the negative zone, latest at -0.0192%, which is also worth noting.
Before taking action, review the data yourself.