That 20-day inflow streak for Morgan Stanley shows institutional money is treating this $80k zone as a floor rather than a top. Big capital is clearly buying for the long haul.

Still, the derivatives side makes me cautious. Seeing Bybit's buy/sell ratio flash extreme leverage while asset managers hedge their positions is a classic warning sign. Spot buying gives us solid ground, but one bad macro headline could easily trigger a leverage cascade and flush out late longs.

This is why chasing rallies on leverage is a trap. Sticking to steady BTC accumulation while keeping USDT on hand for liquidity remains the safest way to ride out this volatility.