BTC Flow Structure — Small Inflows, No Clear Direction Yet Bitcoin is trading near 63K after the recent rebound from the 59K zone. The short-term flow picture has improved, but the structure is still not strong enough to call it bullish. Spot flows: 5m: +$5.39M 15m: +$15.70M 30m: +$19.79M 1H: +$17.51M 2H: +$26.83M 24H spot netflow: +$27.65M 1W spot netflow: -$736.4M Short-term spot demand is returning, but the size is still small. This is not aggressive accumulation yet. Futures flows show the same mixed structure: 5m: +$40.81M 15m: +$53.26M 30m: +$90.64M 1H: +$49.89M 2H: +$29.24M But larger windows remain negative: 4H: -$208.47M 6H: -$125.27M 12H: -$330.45M 24H: -$83.83M 1W: -$6.08B This means the market is seeing short-term inflows, while the broader derivatives structure is still defensive. Price action confirms this. BTC bounced, but it has not reclaimed a strong trend structure. Funding is still negative: -0.0033% Taker buy/sell ratio remains below 1: 0.9657 RSI is still weak: RSI(6): 27.0 RSI(12): 25.0 RSI(24): 32.1 The market is not trending cleanly. It is searching for direction. Current read: Small inflows are appearing. Weekly structure is slightly better than before. But volume is still below a convincing reversal level. This is not a confirmed bullish market yet. For stabilization, BTC needs: Spot inflows to expand Futures inflows to hold beyond short timeframes Funding to normalize Price to reclaim and hold above the 64K–65K area Until then, the market can continue liquidating both sides. This is a liquidity-driven environment, not a clean directional trend. Not financial advice.