ChainCatcher news, the Bitcoin market has experienced an interesting fluctuation recently📉. Latest analysis from QCP Capital shows Bitcoin price pulling back towards support at $95,000 as U.S. employment data beat expectations. JOLTS Job openings surged to 8.1 million, an unexpected strength in the job market that stoked risk aversion, sending long-term bond yields higher and risk assets such as Bitcoin selling off.

Meanwhile, Bitcoin ETF inflows plummeted from $987 million to $52.9 million, a drop of 94%📊. BlackRock's IBIT recorded significant inflows of $596 million, while ARK and 21Shares' ARKB saw outflows of $213 million.

QCP Capital pointed out that this week’s FOMC meeting and non-farm payroll data will be key factors affecting Bitcoin’s trend. The market expects that Trump's inauguration may boost optimism, and the current pullback may be a prelude to a bullish rebound📈.