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Flows Flicker Green: ETF Inflows Support a Fragile BTC Base at $87K

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Key takeaways

  • BTC steadied around $87,500 after BTC ETFs posted inflows of $129 million with flows becoming supportive but not yet decisive.
  • ETH and SOL also posted inflows of $79 million and $58 million each, signalling selective rotation into liquid altcoins rather than broad risk-on.
  • On-chain stress remains elevated with roughly one third of BTC supply still underwater, but long-term holders and institutions continue selective accumulation.
  • Macro prints are mixed; PPI met expectations, leaving the Fed path ambiguous and keeping two-way volatility intact.
  • Range to watch: $84,000–$90,000 for accumulation; reclaim above $92,000 would confirm tactical recovery.

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