Perhaps the selling has finally come to an end
JPMorgan Bank now sees signs that the phase of extreme risk reduction, which significantly contributed to the decline in the cryptocurrency market late in 2025, has largely passed, and flows into exchange-traded funds (
#ETFs ) are one of the key indicators. Flows into exchange-traded funds
#للبيتكوين and
#الإيثيريوم stabilized in January after significant outflows in December, indicating a decline in selling pressure.
Their research highlights
✔️ Flows into exchange-traded funds for Bitcoin and Ethereum show behavior suggesting the bottom has been reached
✔️ Perpetual contract positions and CME futures contracts indicate reduced selling pressure
✔️ It appears that the sharp liquidation of positions by individuals and institutions in the fourth quarter of 2025 has come to an end
✔️ The decision
#MSCI not to exclude Bitcoin/crypto reserve companies from global stock indices is helping reduce the risk of forced selling
In other words, the liquidation process may have ended, not due to sudden fundamental changes, but because most of the liquidations have already taken place. This is how bottoms form.
This is not just vague technical jargon. When flows balance out and selling stops, markets can shift from fear-driven declines to steady accumulation. This is exactly what
$BTC $ETH