Bitcoin trades near $78,257 after slipping back below $80,000, a level analysts say must break for liquidity to return. On-chain data show easing selling pressure, yet fresh spot buyers have not arrived; futures traders have led the rebound while spot flows stay neutral. US-listed Bitcoin ETFs attracted $986.9 million in the week ended September 4, extending the inflow streak to three weeks with total inflows reaching roughly $3.8 billion. Binance stablecoin reserves partially recovered with $1.6 billion flowing back in, but direct demand remains too weak to sustainably support the move, according to analysts. The next tests are US CPI data due September 11 and the Federal Reserve meeting September 15-16, both of which will determine whether sellers stay away.
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