Crypto & Web3

Bitcoin Price Rebound Cues Come as ETF Inflows Flip Green

26/08/2025
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Key points:

  • Bitcoin is “getting closer” to its next local bottom after a trip below the $109,000 mark.

  • A positive Coinbase Premium returns, raising hopes of a US demand recovery.

  • ETF flows end Monday positive in a surprise comeback despite the BTC price downside.

Bitcoin (BTC) consolidated around $110,000 at Tuesday’s Wall Street open amid signs of a crypto market recovery.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

Coinbase Premium rebound follows $700 million liquidation

Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling after a fresh round of losses.

These had resulted in a wave of crypto long liquidations worth over $700 million for the 24 hours to the time of writing, per data from CoinGlass.

Crypto total liquidations (screenshot). Source: CoinGlass

BTC/USD bottomed at $108,717 on Bitstamp, below old all-time highs seen at the start of the year. 

Amid fears of a $100,000 support retest or worse, some market participants saw reason for optimism.

“BTC is now getting closer to the bottom,” popular trader BitBull wrote in part of his latest X analysis. 

“There is still a chance of $106K-$108K level retest, but for now I’m expecting a bounceback.”

BTC/USDT one-day chart. Source: BitBull/X

BitBull referenced encouraging signals from the US, where the Coinbase Premium Index reentered positive territory on Tuesday.

The Index measures the difference in BTC prices between the Coinbase BTC/USD and Binance BTC/USDT pairs, and when green, it implies strengthening US market demand.

“Coinbase Bitcoin Premium turned positive during bottom and long liquidations were huge. This shows that max. pain is here and a short rally is expected,” BitBull concluded.

Bitcoin Coinbase Premium Index. Source: CryptoQuant

Others also expected a rebound, with fellow trader Mister Crypto seeing a short squeeze next thanks to a significant build-up of short positioning above $115,000 on exchange order books.

Analyst: Bitcoin in “uncanny” Q2 rerun

Elsewhere, Cas Abbe, a contributor at onchain analytics platform CryptoQuant, suggested that current price action is, in fact, familiar.

Related: Bitcoin drops under $109K: How low can BTC price go?

Bitcoin, he noted, had behaved similarly during a retracement in June, when BTC/USD reached all-time highs of $112,000 before dropping to around $98,000.

“BTC chart resemblance to Q2 2025 fractal is uncanny. Similar lower-lows and a capitulation which forced everything to think ‘it’s over,’” he commented on the day.

An accompanying chart underscored the similarities.

BTC/USD one-day chart. Source: Cas Abbe/X

In common with previous price drawdowns, institutional flows added to souring sentiment, with analytics resource Ecoinometrics drawing attention to the US spot Bitcoin exchange-traded funds (ETFs).

“The macro uncertainty of the past few weeks is showing up directly in the flows,” it concluded, adding that ETF outflows were “pulling Bitcoin lower.”

On Monday, the ETFs nonetheless achieved positive flows of just under $220 million, per data from UK-based investment firm Farside Investors.

US spot Bitcoin ETF netflows (screenshot). Source: Farside Investors

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.