Bitcoin ETF's 10-Day Outflow Ends... Caution on Leverage Grows Amid Rebound

Bitcoin and Ethereum rebounded after sharp declines, with Bitcoin rising to $63,000 and Ethereum hitting $1,775. The recovery is attributed to buying activity near support levels, though market sentiment remains fragile. The fear/greed index hit 11, indicating extreme fear. Spot fund flows showed bullish signals, with Bitcoin ETFs recording $221.7 million inflows, the largest since early May. However, derivatives markets signaled caution, with leveraged positions accumulating amid sideways price action. While spot buying and ETF inflows suggest recovery, the market remains vulnerable amid extreme fear and thin trading ahead of U.S. holidays.