Bitcoin is exhibiting resilience even as Bitcoin ETFs experience two days of outflows, signaling a cautious investor sentiment. The market remains vulnerable to heightened fears and market volatility despite recent gains in cryptocurrency prices. Bitcoin’s price jumped 1.2% reaching $111,437, while Ethereum’s price climbed 2.5% to $3,980. This bullish performance is attributed to easing U.S.-China trade tensions that are fueling a cautious market shift towards risk-on assets. However, the positive momentum hasn’t yet translated into significant ETF inflows. Despite recent price increases, Bitcoin ETFs have seen two consecutive days of outflows suggesting that institutional investors might still be hesitant to return until more concrete macro signals or favorable market conditions emerge. The overall Fear & Greed Index remains stubbornly low at 30, indicating a cautious investor environment. This volatility is reflected in the $226 million worth of liquidations recorded across the crypto market. While Bitcoin’s price continues its climb, it faces headwinds from market uncertainty as investors remain wary amidst lingering trade war concerns and a lackluster ETF inflow. The current market reflects a push-pull dynamic where prices are rising but confidence remains fragile, leaving the market in an uncertain stage.