K33: As Selling Pressure Eases, Bitcoin Consolidation Signals Potential Market Bottom

ZkProver · 2026-03-25T16:50:37+00:00

K33 Research Head Vetle Lunde pointed out that Bitcoin's price oscillating between $60,000 and $75,000 demonstrates market stabilization and may be approaching a bottom. Bitcoin ETF fund flows have turned positive, suggesting the sell-off may be ending, and demand is beginning to stabilize.

ZkProver

2026-03-25 16:50:37

Abstract generation in progress

ChainCatcher reports that, according to The Block, K33 Research Director Vetle Lunde pointed out that in recent weeks, Bitcoin prices have mostly fluctuated between $60,000 and $75,000, indicating that trading volume of exchange-traded products and the behavior of long-term holders are stabilizing. He described this price trend as “typically associated with market bottoms” and suggested that the price range just above $70,000 may be attractive to medium- and long-term investors.

According to Lunde, since late February, Bitcoin ETF capital flows have slightly turned positive, indicating that the selling wave since hitting a record high in October may be coming to an end. He explained that the previous capital outflows were due to profit-taking when Bitcoin prices fell below investors’ cost basis, creating a supply-demand feedback loop. However, as prices declined, selling motivation weakened, and demand began to stabilize.

BTC1.94%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.