Bitcoin spot ETF resumed daily net inflows on September 15, but the weekly capital situation has not yet strengthened. At the same time, before the US Clarity Act vote, there was a $54 million short position in Bitcoin in the market. Coupled with the expectation that mining companies will shift to AI, short-term sentiment remains cautious.

ETF There is a single-day inflow, but still an outflow on a weekly basis.

Data shows that Bitcoin ETF had a net inflow of 1,917 BTC on that day, which is approximately 147.42 million US dollars. However, over a period of nearly seven days, there was still a net outflow of 4,372 BTC, amounting to about 336.16 million US dollars. This indicates that the recent improvement in buying momentum has not yet reversed the overall trend of outflows.

In contrast, Ethereum ETF has shown stronger financial performance. Its daily net inflow was approximately 95.44 million US dollars, and the net inflow over the past seven days was about 221.91 million US dollars, indicating a stronger momentum than Bitcoin.

A 54 million USD short position appeared before the vote.

Reports indicate that a whale with a historical win rate of about 77% and cumulative profits exceeding one million US dollars established a 54 million US dollar short position in Bitcoin just hours before the bill voting. Due to the sensitive timing, this transaction quickly became the focus of market attention.

The article also mentions that there are recent signs of increased selling by institutions. At this stage, it is still difficult to determine whether this capital is being used to reduce risks before the vote or to make advance arrangements in case the voting results do not meet expectations.

Mining companies shift to gaming with AI and key price levels

In addition to the funding situation, changes in the mining sector are also affecting market expectations. Reports mention that at least 35 EH /s of computing power are planned to withdraw from the listed mining companies' system. IREN is said to plan to withdraw by the end of this year, and Cipher may also follow suit by the end of 2027.

This does not mean that the Bitcoin network will immediately face pressure, but it reflects that some mining companies are shifting their resources towards AI related businesses, indicating that the direction of industry capital expenditure is changing.

From the perspective of short-term price structure, there is a concentrated selling volume in the range of $80,000 to $83,000, while there is a more significant buying volume in the range of $75,000 to $76,500. If the price breaks through $83,000, the market may consider this level as a confirmation of a temporary bottom; if it falls below $75,000, downward pressure could further increase.