Bitcoin flows and momentum are running hot. Following last week’s breakout, price has entered overbought territory and ETF flows are now well above typical short-term ranges. That kind of setup often leads to a short-term pause or minor reversal. But the broader picture remains bullish.

Based on current ETF flow trends, the short-term price target sits around $128K. As long as we stay in a strong inflows regime, the bullish momentum remains intact. Follow @ecoinometrics for more data-driven insights on Bitcoin and macro.