For the day…>If ETF net flows flip large positive (for example, +$100m+ on a day) = signals return of institutional demand.>If OI begins rising again (after the drop) while the funding rate stays low or negative = classic sign of smart money accumulating.>If price breaks out above a key range (defined ~$100k handle) with high volume and above derivatives & fund flow support = may signal the start of the next leg up.>Conversely: if ETF flows keep being weak or negative + OI falls further + funding rate goes negative = could suggest a risk of further consolidation or a downside leg.This is Bitcoin Billy and we will keep you updated with the latest intraday moves focused on the drivers behind price action. Stay tuned.
