Bitcoin Rebound May Be Leverage-Driven as Net Flow Hits Negative $4.5 Billion

Analyst Ali said on Dec. 28 that Bitcoin's recent rebound resembles a 'dead cat bounce' and could be followed by further declines, BlockBeats reports. On-chain data show inflows into the crypto market have been steadily declining, with net capital flow turning negative for the first time in nearly two years at negative $4.5 billion; Bitcoin ETF products recorded net outflows of nearly $1 billion over the past two weeks. Ali added that funds are exiting rather than entering the market, spot demand is not supporting prices, and any rebound is likely leverage-driven, leaving risk of further weakness if outflows persist.