BTC Flows Update — U.S. Session Bounce, But Structure Still Weak Bitcoin is trading near $64K after recovering from the $62.5K area. As expected, the U.S. session brought some inflows back into the market. Short-term futures flows improved: 1H: +$12.29M 2H: +$45.46M 4H: +$43.71M Spot also improved slightly in the short term: 1H: +$949K 2H: +$1.33M So the bounce is real. But the bigger structure is still not clean. BTC futures 24H netflow: -$212.09M BTC spot 24H netflow: -$83.70M This means the market is recovering intraday, but daily flows remain negative. That is the key point. The U.S. session brought buyers back, but it has not fully repaired the structure yet. Funding is still positive, and traders are starting to lean back into risk again. That can push BTC higher in the short term, but it also creates liquidation risk if spot demand does not continue. What matters now: BTC needs to hold above $63.5K. Spot flows must keep improving. Futures inflows should not become too aggressive without spot confirmation. If spot supports the move, BTC can stabilize again. If spot stays weak, this bounce can turn into another leverage trap. For now, the market is trying to recover, but confirmation is still missing. Not financial advice.