Bitcoin ETFs post best day in 9 months as price hits $82,000

Don't let the $82,000 price tag fool you. Despite record-breaking ETF inflows of $730 million, this rally is built on a shaky foundation of short covering rather than fresh long-term buyers. While BlackRock dominates 62% of the action, other funds like VanEck are already seeing outflows. We are witnessing a technical squeeze, not a fundamental shift in demand. Is this surge a sustainable move to new highs, or are we just watching a massive bear trap unfold? What do you think?
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