CoinEx Daily: Bitcoin Gains Amid Strong ETF Inflows And Cautious Macro Outlook

Daily View

Bitcoin is showing strength with significant net inflows into spot ETFs, surpassing $6.3 billion over the past five weeks, signaling bullish sentiment. Despite this, some analysts note bearish divergences in daily charts, tempering expectations of immediate new highs. On the macro front, the Federal Reserve signals moderate core PCE inflation growth of about 0.13% in April, with cautious sentiment prevailing ahead of imminent policy decisions.