[Crypto Briefing] Bitcoin Retesting 67,000 USD Level as ETF Inflows Sustain Risk-On Sentiment

Bitcoin is attempting to regain the 67,000 USD level as institutional inflows through U.S. spot ETFs continue, with major altcoins like Ethereum also rising. While investor sentiment has improved, markets remain cautious ahead of this week's U.S. economic data and Federal Reserve officials' statements. As of Monday's morning trade, Bitcoin was trading around 66,800 USD, up approximately 1% from the previous day, nearing 67,000 USD. Ethereum, the second-largest cryptocurrency by market cap, rose about 2% to trade near 2,000 USD, attempting to recover key psychological resistance. XRP and Solana also rose 2-3%, indicating broader altcoin buying interest. Analysts note that institutional ETF buying continues to support prices, with sustained inflows into spot Bitcoin ETFs and steady institutional funds flowing into BlackRock's IBIT. This ETF inflow is seen as a key support factor for Bitcoin's lower end. Risk-on sentiment has also partially recovered, aided by global markets stabilizing from semiconductor sector declines and easing U.S. Treasury yields. However, markets remain wary of short-term volatility risks, with investors awaiting this week's corporate earnings, economic data, and Fed officials' comments for clues on future rate paths. A hawkish signal could trigger increased profit-taking. Cryptocurrency-related stocks also rose, with Coinbase and Bitcoin miners benefiting from the improved risk appetite. Markets expect U.S. crypto regulation developments and ETF inflows to drive long-term bullish momentum, though short-term direction will hinge on macroeconomic events and ETF flows.