The rebound looks encouraging, but the quality of the buying matters more than the price recovery itself. BTC ETF inflows of $110M show institutional demand is still present, while ETH’s $88.58M in outflows highlights a clear difference in capital flows. Meanwhile, $149M in liquidations, mostly from shorts, suggests forced buying helped accelerate the move. For BTC, reclaiming $81.3K with stronger spot demand would make the recovery more convincing.