Summary: Multiple institutions increase their holdings in cryptocurrency, analysts simultaneously turn bullish According to BlockBeats, on March 4th, with a net inflow of $225.2 million from the US Bitcoin spot ETF yesterday, Bitcoin led the cryptocurrency market out of a strong rebound today. Contract holdings across the network have recently seen the largest daily increase since July last year, and multiple institutions have also increased their holdings in cryptocurrency. Among them: Ark Invest increased its holdings of cryptocurrency related stocks by buying COIN and HOOD at low prices; BlackRock ETF address net withdrawal of 3809 bitcoins in the past 20 hours; Gamma Fund, an investment fund, sold down 9000 ETH at an average price of $1984; Along with institutional buying, multiple analysts are also bullish on the cryptocurrency market: On chain data analyst Murphy stated that the market confidence index has reached an "extremely negative" level, and investors' confidence in the trend of Bitcoin has almost collapsed. In addition, the short-term band signal "BRS" of Bitcoin began to turn after a month, and after maintaining a "buy point" for a whole month, it began to move towards a "selling point". Crypto market analysis firm Santiment stated that the current discussion on "shanzhai season" on social media has reached a freezing point. However, historical experience has shown that when market interest in altcoins drops to an extremely low level, it is often the eve of a rebound.