Bitcoin is currently trading at $79,277, which is 11.2% below the EFIS fair value of $88,144. The EFIS, a proprietary model based on AUM-normalized ETF flows, suggests that the current market price does not reflect the cumulative institutional demand. Since January 2024, ETFs have absorbed 1.394 million BTC, representing a cumulative normalized flow of 180.4%. The market faces two potential scenarios: a recovery, where Bitcoin reclaims the EFIS model price of $88,144, or a continuation of the downtrend if it fails to do so. The 30-day average flow rate has turned positive, indicating a potential recovery, but the price must surpass $88,144 to confirm this trend. The lower support level is at $70,716, which the market briefly breached during the March-April period before recovering.