According to CoinMeta, according to the latest weekly report from GSR, Bitcoin broke through the seven-week range of $60,000 to $70,000 last week, rising to around $79,000, with a single-week increase of about 25%, marking the strongest weekly performance of the year. From Wednesday to Friday, the scale of short liquidation across the market was approximately $4.6 billion. At the same time, the weekly net inflows for US spot BTC and ETH ETF turned from -$400 million the previous week to $2.5 billion, which is the highest of the year. GSR believes that the selling pressure that has persisted for several weeks has significantly weakened, and new funds are now leaning more towards BTC and ETH rather than altcoins.