ChainCatcher reports that on-chain analyst Ali (@alicharts) posted an analysis on X, noting that the recent Bitcoin market is showing signs of a “dead cat bounce.” According to on-chain data, capital inflows into the cryptocurrency market continue to decline, with Bitcoin ETFs experiencing nearly $1 billion in net outflows over the past two weeks. Any rebound currently observed in the market is likely driven by leverage rather than supported by spot demand, so the risk of further price declines remains.
