Bitcoin Market Analysis: Week 40 Overview

Bitcoin is trading near $84,000 on Monday, hovering at the lower end of its recent range after reaching $87,000 last Wednesday. While the week closed with a 4% gain, momentum has cooled, with recent price dips accompanied by net selling in perpetual futures and long liquidations. ETF inflows reached their highest level in nearly a year, contrasting with perpetual traders who shifted to heavy net selling. On-chain metrics show continued capital inflow, though profitability remains high, with nearly 75% of supply in profit and significant realized profit-taking observed.