Bitcoin Between Two Walls: High Yields and Profit-Taking Meet ETF Demand via @cryptoquant_com High U.S. Treasury yields, uncertainty ahead of the midterm elections, and profit-taking weigh on prices. AI investment may also compete for capital, although direct flows from Bitcoin into AI stocks have not been established. Spot Bitcoin ETFs remain a key support, but inflows have slowed. Farside data show net inflows of about $2.39 billion on September 21–25, versus just $51.2 million across September 28–October 1. CryptoQuant's Realized Cap chart shows a modest recovery after declining earlier in 2026, suggesting improvement in the capital represented by coins' last-moved prices. However, this is not a direct measure of cash inflows, and changes across age bands also reflect coins aging. Funding rates have generally remained slightly positive, easing toward zero at the chart's endpoint. They show less overheating than earlier rally peaks, but cannot guarantee limited liquidation risk. The key is whether spot buying broadens beyond ETFs and absorbs profit-taking. Neither wall is permanent. Watch demand and long-term yields, and remain prepared for a move in either direction. https://t.co/ekatiamTus