The market just witnessed a powerful shift in momentum, with more than $560 million pouring back into crypto ETFs in a single surge. What makes this rebound even more telling is who’s driving it — Fidelity and BlackRock are once again at the front of the inflow wave, signaling that institutional confidence never truly disappeared, even during the recent wave of heavy outflows.
Bitcoin now finds itself locked in a high-stakes showdown around the $74,000–$78,000 range — a zone that could determine whether the correction is officially over or just catching its breath. Bulls need to defend this area aggressively if they want to confirm a real bottom.
Still, it would be premature to declare victory.
Despite the positive ETF momentum, broader market sentiment remains stuck in extreme fear, and price action near the $80,000 resistance level shows clear hesitation. The selling pressure may be quieter — but it hasn’t vanished.
One strong green day doesn’t mark a new bull cycle, especially with macroeconomic uncertainty still weighing on risk assets. For now, this move feels more like a technical rebound within a fragile market rather than the start of a sustained breakout.
A true shift in trend will require several days — if not weeks — of steady inflows and stronger conviction. Until then, caution remains the smarter trade.