CryptoQuant analyst Axel Adler reports that the Bitcoin Short-Term Holder (STH) Realized Pressure Model indicates a slight cooling in buying and selling pressures among short-term holders, with buying pressure still leading. The model, which compares realized buying and selling pressures, shows a buying pressure score of 28.57, down from 28.98, and a selling pressure score of 22.62, down from 22.68, maintaining a buying advantage of 5.94 percentage points. Meanwhile, Bitcoin ETF markets have seen a modest improvement with a net inflow of approximately $197.4 million after eight weeks of outflows. However, Adler notes that this is insufficient to confirm a reversal in institutional demand trends, as the 30-day ETF fund flow momentum remains deeply negative at -$4.73 billion, with total fund size declining from a peak of around $62 billion to approximately $51 billion. The market awaits key data and events next week, including geopolitical developments and major economic indicators.