Internet reports that Bitcoin rose 12% this week, and inflows from related exchange-traded funds (ETFs) surged. However, Markus Thielen, director of research at 10x Research, found that stablecoin casting indicators have not returned to active levels, so he is still cautious about the sustainability of the current Bitcoin rally. Inflows from stablecoins are often closely related to more sticky funds, and the increase in futures leverage may only mean that fast traders are taking advantage of the opportunities of rapid rises. Based on analysis, The $95,000 price level is currently a key resistance level for Bitcoin and a potential trigger for short-term stop-loss liquidation.