NTC. It limits inrush from the empty bulk capacitors charging.
It's 9 ohms at 25°C, which means peak current at 230V (325Vpk) is 36 amps
Compared to 100+ amps without an NTC, which can pop breakers, fuses, and damage bridge rectifiers.
Once the NTC warms up its resistance drops to a low figure so it does not waste much power.