Analysts have recorded a neutral or slightly bullish trend in the crypto market. Leverage has noticeably decreased, and short-term selling pressure is gradually easing. This was stated by a well-known expert of the CryptoQuant platform under the pseudonym CoinNiel. The dynamics of inflows to centralized exchanges indicates a moderate accumulation of assets. Over the past week, the net inflow amounted to approximately 2,196 bitcoins. At the same time, over the past two weeks, the outflow has remained at the level of about 8,197 coins. The mixed indicators indicate a volatile phase of adjustment in overall liquidity. A clear trend has not yet been formed. Long positions have a slight advantage, but the excessive optimism of traders has already weakened. At the same time, the open interest in derivatives is gradually growing. The expert predicts a 55 percent probability of a positive development.

Other independent observers also share interesting conclusions about the current state of the market. Analysts at Bitcoin Vector noted the gradual absorption of aggressive sales. Such actions are usually characteristic of a deep bearish phase. Holders of the first cryptocurrency still record more losses than profits. This situation is often a sign of an early stage of global stabilization. An experienced trader under the pseudonym gum compared the market structure with the previous cycle. The weekly bullish divergence in 2022 has been held for 161 days. After that, a steady and prolonged growth of assets began. In 2026, the same period lasts for 147 days. The correction should end with a new local minimum. This level can range from 45 to 65 thousand dollars.

It is this local minimum that will become the final bottom of the current market cycle. Investors need to closely monitor the volume of financing and flows to exchanges. This will help confirm the emerging positive trend. Against the background of these events, institutional players are showing significant activity. From the thirteenth to the seventeenth of July, $75.5 million was received by spot bitcoin funds. These financial products recorded the second positive week in a row. Stable capital inflows into regulated instruments create a solid foundation for future growth. The market is gradually digesting the recent sales and accumulating strength for a new breakthrough. Market participants are waiting for confirmation of the reversal from macroeconomic factors and large holders.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.