Odaily reported that Bitfinex analysts pointed out that the adjustment during the bull market cycle is typical, which may indicate temporary volatility rather than the beginning of a long-term bear market. "The broader market, especially stocks and bond yields, will determine the trend of Bit. If global liquidity conditions ease and institutional capital inflows continue, Bit's support at $72,000-$75,000 may hold, which could lay the foundation for a recovery in the upward trend. The analyst said that the capital inflow of Bit ETFs has shown early signs of recovery, with a net inflow on March 12, breaking a five-day capital outflow, and the capital inflow of ARK Invest's ETFs is strong, indicating that although there is short-term volatility, institutional demand remains intact. If the capital inflow continues, it may indicate that fund managers are adjusting their positions in anticipation of a dovish shift in Fed policy." (Theblock)