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Bitcoin, with net inflows of $1.7 billion, is trading above the ETFs’ average cost zone of $84K. Previously, when prices reached this cost zone, we saw selling pressure from ETFs. Now, the trend has reversed, with continued inflows. While there are certainly profit-taking sales, the key point is that the overall net flow remains strongly positive. Since a price below $84K would signal a shift back into a loss zone, panic selling could emerge below this level—making $84K a critical cost-based support area. As long as it holds, there is no cause for concern.

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