Bloomberg ETF Analyst: The buy the dip activity in the US stock market has noticeably slowed down, and ETF fund flows indicate a tightening sentiment.

BlockBeats news, on April 22, Bloomberg’s senior ETF analyst Eric Balchunas expressed market analysis stating, “ETF fund flows once again show market tension: gold, cash, and the S&P 500 reverse ETF are all in the top five. The safety dance mode has begun, and the buy the dip momentum has noticeably slowed down.” “Yesterday, Bitcoin rose against the backdrop of a falling stock market, showing a negative correlation with the stock market over the past week, outperforming government bonds (which are again unreliable), while gold has recently dominated the market. Clearly, this is a very short time frame, but if Bitcoin wants to be seen as a true alternative asset, these small victories must be seized.”