[Viewpoint: Bitcoin's current rebound should be approached with caution, $57,000 could signal a long-term demand recovery] BlockBeats News, February 3, according to a post by analyst @alicharts yesterday, crypto ETF fund flows have remained negative since January 19. During the week of January 19, approximately 17,400 Bitcoins were sold through ETFs. In the following week, another 9,540 Bitcoins were sold. This indicates that after the price fell below the ETF cost basis, funds have been flowing out for two consecutive weeks. The analyst believes that the recent rebound should be approached with caution. Without new capital inflows, the upward trend may only be a correction rather than a trend reversal. If selling pressure continues to intensify, the next key level to watch is the 200-week moving average, which is currently near $57,000. Historically, this level has played a critical macro support role during long-term corrections and could also be a potential point for a strong recovery in long-term demand. BlockBeats notes that as of the time of writing, the first trading day of this week saw net inflows into U.S. crypto ETFs, with no signs of the market's feared panic sell-off by ETF investors.