Bitcoin's market has entered a structural reset following a significant correction from its October 2025 peak of $126,100 to around $60,000 in early February. XWIN Research Japan reports that the recent bearish trend marks a re-evaluation phase, with supply-side indicators suggesting a reduction in selling pressure. Data from CryptoQuant highlights a steady decline in Bitcoin exchange reserves since 2024, indicating a shift towards private storage by investors. Despite a 200% price increase over two years, Bitcoin Spot ETFs, which contributed to this rise, saw $6.38 billion in net outflows between November and February, reflecting decreased institutional demand. However, ETF outflows have stabilized recently, with $1.36 billion in net inflows over the past two weeks, suggesting a potential market rebalancing. Currently, Bitcoin is valued at $67,372, marking a 4.34% increase over the last month.