Short-term optimism is back, but sustainable momentum still faces challenges

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	Forwarded this email? Subscribe here for more Bitcoin Rallies, But Macro Conditions Remain a Headwind Short-term optimism is back, but sustainable momentum still faces challenges Ecoinometrics Apr 28 ∙ Preview   READ IN APP   Last week, Bitcoin staged a strong recovery, pushing back above $95K. The rally was driven by a combination of heavy inflows into the spot Bitcoin ETFs and a wave of optimism following signs of a softer stance on trade issues from the U.S. administration. Momentum like this is important, but we have to distinguish between short-term narratives and medium-term structural forces. While the ETF inflows and improving sentiment provide a boost, the broader liquidity conditions, which underpin sustained trends, have not yet turned favourable. In today’s edition, we examine: The price outlook if inflows continue The statistical odds that inflows persist The macro liquidity backdrop that still demands caution. Let’s dig into this. Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Our team conducts rigorous quantitative research, developing proprietary metrics and institutional-quality visualizations that cut through the noise to reveal key market dynamics. Each newsletter provides clear, actionable insights backed by data, delivered in a concise format that respects your time - five minutes to absorb, but deep enough to inform your investment strategy. Join over 31,000 professional investors and fund managers: Upgrade to paid Ready? Let's dig into the data. Bitcoin Rallies, But Macro Conditions Remain a Headwind The Takeaway Bitcoin’s rally above $95K reflects strong ETF inflows and a wave of optimism around U.S. trade policy. While short-term momentum could continue, the macro backdrop remains unfavourable... Continue reading this post for free in the Substack app Claim my free post Or upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 Ecoinometrics 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe