CryptoQuant Analyst: BTC Enters Late Bear Market Phase, ETF Inflows Are Easing Market Pressure

CryptoQuant analyst Axel Adler stated on X platform that Bitcoin has begun to enter the later stages of its bear market cycle, with the ETF sector signaling easing pressure for the first time. In the latest trading session, U.S. spot Bitcoin ETFs recorded net inflows of $223 million, with the majority of funds flowing to Fidelity's FBTC ($166 million) and ARK Invest's ARKB ($91.8 million).