According to online reports, according to Glassnode, ETF inflows surged to US$1.54 billion, and Bitcoin once rebounded above the cost price of short-term holders (STH). Nearly 5% of supply changed hands, short positions increased, and some short-term holders took profits. This was a key backtest, but strong support for prices above $92,900 has not yet been confirmed and the market has fully shifted into bullish territory.