Flows into spot Bitcoin ETFs remain stagnant, while BTC continues to trade within the $58,000–$70,000 range.
The broader consensus remains unchanged: there are early signs that a market bottom may be forming, but a mass capitulation has yet to occur. As a result, the possibility of one final leg down toward the $40,000–$50,000 range still remains.

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1August 3, 2026 1.4K 1