Bitfinex report: BTC will cope with global turbulence, but institutional investor confidence has not dissipated

According to a report by Golden Finance, the Bitfinex Alpha report pointed out that the cryptocurrency market experienced volatility last week, with panic selling and forced liquidation sweeping across major exchanges. Bitcoin fell more than 11.5% from its May high. This week was originally full of hope for the Bitcoin market, but soon macro headwinds such as rising oil prices, stagflation concerns, and rising geopolitical tensions caused panic among traders and intensified downward pressure. However, the Bitcoin spot ETF recorded a strong net inflow of $1.02 billion, highlighting the increasing confidence of institutional investors. This structural demand helped stabilize BTC prices within the range of $94000 to $110000. As open interest contracts have now returned to healthier levels and financing rates are tending towards normalization, future trends will depend on whether ETF fund inflows can continue or whether a drop below this support level indicates a deeper shift in market sentiment.