#比特币价格走势 Seeing the latest fund flow data, I feel quite pleased! What does three consecutive weeks of moderate net inflows indicate? It shows that although everyone remains cautious, they are gradually turning optimistic — this is a signal of market sentiment recovery.

The most eye-catching is that Bitcoin has attracted $522 million again, and products shorting Bitcoin have been outflowing for two consecutive weeks, indicating that institutional confidence is returning. However, I also noticed an interesting contrast: Bitcoin has had a total inflow of $27.7 billion this year, which is indeed down from $41 billion last year, but Ethereum has grown against the trend, with an inflow of $13.3 billion this year, a 148% increase compared to the same period last year!

What does this reflect? It indicates that the entire Web3 ecosystem is undergoing profound changes. Bitcoin, as digital gold, remains solid, but programmable blockchains, DeFi, and smart contract ecosystems represented by Ethereum are attracting increasing attention. Inflows into Solana have also increased tenfold, and infrastructure projects like Aave and Chainlink continue to expand their presence.

This process is like an ecosystem evolution — from a single store of value to a diversified, functional decentralized financial system. Institutional choices are often the most honest; their voting with real money points to the future direction of Web3.