[Analyst: Bitcoin May Be Bottoming Out in 'Low Volatility Consolidation,' Spot ETF Inflows Fail to Drive Significant Price Increase] Deep Tide TechFlow reports on August 6, citing The Block, that despite a single-day net inflow of approximately $211.5 million into U.S. Bitcoin spot ETFs, Bitcoin's price remains around $64,000, showing no significant increase. Multiple institutions believe the market may be gradually bottoming out through low volatility, low trading volume, and position digestion, rather than experiencing panic selling. On-chain data indicates that the $62,000 to $65,000 range has formed a significant cost concentration zone for holdings, suggesting that buying pressure is absorbing selling pressure. However, current demand remains relatively weak, and recent spot ETF and corporate funds have failed to provide sufficient incremental support. Analysts believe Bitcoin's subsequent trend will depend more on macro factors, including real yields, U.S. employment data, and changes in Federal Reserve policy expectations.