Mengamati Arus Masuk ETF $BTC vs. Pergerakan Harga

That's a good point about institutional accumulation. It makes me wonder if we're seeing a shift in the typical demand-supply dynamics, where the impact of new inflows is absorbed more smoothly due to these larger players. The key question now becomes how much longer can this accumulation go on without a noticeable price breakout?

I'm leaning towards the accumulation theory as well. It feels like institutions are building positions without wanting to trigger massive FOMO yet, especially with the halving around the corner. The real test will be if these inflows continue during a significant price dip.

I've been watching this too. It does seem like a measured accumulation, or perhaps some of the inflow is from investors rotating out of other assets without necessarily being new capital entering the crypto space immediately pushing prices higher.

Good point on the accumulation without immediate price impact. It makes sense that larger players would prefer to build positions quietly, especially if they anticipate future upside. The real test will be if those inflows pick up volume significantly on a downturn.

I've been thinking the same. It makes you wonder if the ETF inflows are being matched by selling pressure elsewhere, or if the market is just digesting a lot of new supply without immediate upward momentum.