Key Points

April 2025 registered a strong rebound in monthly ETF inflows, reaching $3.02 billion, indicating renewed institutional interest in Bitcoin.
Despite the inflow, Bitcoin’s price remains relatively flat, suggesting a possible market hesitation or supply overhang.

In April 2025, monthly ETF inflows experienced a substantial recovery, reaching $3.02 billion.

This follows two months of net outflows and indicates a revived institutional interest in Bitcoin.

Investor Confidence and Market Hesitation

Net assets rose above $110 billion, reflecting investor confidence.

However, Bitcoin’s price, currently around $95,000, has not surpassed the peaks observed in late 2024.

This discrepancy between increasing inflows and relatively stable price suggests a potential supply overhang or market hesitation.

Despite the capital influx, data suggests that investors are cautiously positioning for an upside.

Whale sentiment has shown early signs of bearish divergence as Bitcoin’s price hovers around $95,000.

This metric is declining even as the price remains high, suggesting that whales may be unwinding long positions or strategically entering short ones.

If this sentiment trend continues to decline, it could predict a short-term correction.

On the other hand, a rebound in the indicator could confirm continued bullish momentum towards the highly anticipated $106K breakout level.

Bitcoin is currently consolidating just below the $95,000 mark, with recent candles forming a tight range, indicating indecision.

The RSI is at 66.83 — close to overbought territory but not crossing it — suggesting that bullish momentum is slowing without a confirmed reversal.

Meanwhile, OBV has levelled off, indicating diminishing buying pressure despite recent price increases.

If Bitcoin fails to break the $95K-$96K resistance zone with volume, a short-term pullback could be imminent.

Nevertheless, maintaining above $93K would keep bulls in command, with $100K remaining a psychological lure if momentum rekindles.