[Bitfinex Report: ETF Fund Flows Will Be a Key Variable for Bitcoin's Future Price Trends] Deep Tide TechFlow reports that on March 30, the latest Bitfinex Alpha report indicates that Bitcoin's current price movement is under dual pressure from weakening demand and a deteriorating macroeconomic environment. The market's future direction is increasingly being dominated by ETF fund flows. After failing to break through the upper range, Bitcoin has fallen back to near the monthly opening level. Recent price increases have been driven more by short liquidations rather than spot buying, reflecting insufficient upward momentum. At the same time, institutional fund flows have shown significant changes. The continuous net outflows from Bitcoin ETFs suggest that the market is actively de-risking, with a notable slowdown in capital absorption capacity, further suppressing price performance.