Analysis: Bitcoin has entered a bear market. Later ETF shows for the first time that selling pressure is easing

CryptoQuant analyst Axel Adler Jr. posted that Bitcoin has entered the late bear market stage, and U.S. spot ETFs have shown for the first time that selling pressure is easing. On the latest trading day, the net inflow of U.S. spot Bitcoin ETF was US$223 million. Most of the demand went to FBTC(+166 million US $) and ARKB(+91.8 million US $).