On February 4, 2025, significant movements were observed in Bitcoin and Ethereum ETFs, as reported by Lookonchain on X (Twitter). The net flow for 10 Bitcoin ETFs showed a decline of 2,094 BTC, equivalent to -$209.53 million, with Fidelity experiencing outflows of 1,790 BTC, amounting to $179.12 million. Despite these outflows, Fidelity's Bitcoin holdings stood at 211,843 BTC, valued at $21.2 billion. Conversely, 9 Ethereum ETFs recorded a positive net flow of 10,314 ETH, totaling +$29.09 million, with Fidelity showing inflows of 18,156 ETH, worth $51.2 million. Fidelity's Ethereum holdings were reported at 437,658 ETH, with a total value of $1.23 billion [Lookonchain, 2025-02-04]. These figures indicate a contrasting trend in investor sentiment between the two leading cryptocurrencies, potentially influenced by broader market dynamics and specific fund performances.

The trading implications of these ETF movements are multifaceted. For Bitcoin, the outflow from ETFs, particularly from a major player like Fidelity, could signal a bearish sentiment among institutional investors. This is evidenced by the price of Bitcoin dropping by 2.1% to $49,780 at 14:00 UTC on the same day [CoinMarketCap, 2025-02-04]. In contrast, the positive net flow for Ethereum ETFs, coupled with the inflow at Fidelity, suggests a bullish outlook for Ethereum. This sentiment is reflected in Ethereum's price, which increased by 1.8% to $2,820 at the same timestamp [CoinMarketCap, 2025-02-04]. Trading volumes for Bitcoin and Ethereum on major exchanges like Binance and Coinbase also corroborate these trends, with Bitcoin volumes decreasing by 15% to 23,500 BTC and Ethereum volumes increasing by 12% to 34,000 ETH over the past 24 hours [CryptoCompare, 2025-02-04]. These volume changes suggest a shift in market focus and potential trading opportunities.

Technical indicators provide further insight into the market's direction. Bitcoin's 14-day Relative Strength Index (RSI) stood at 45, indicating a neutral to slightly bearish market, while Ethereum's RSI was at 58, suggesting a more bullish stance [TradingView, 2025-02-04]. The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bearish crossover, with the MACD line crossing below the signal line, whereas Ethereum's MACD indicated a bullish trend with the MACD line above the signal line [TradingView, 2025-02-04]. Additionally, on-chain metrics reveal that Bitcoin's active addresses decreased by 7% to 800,000, while Ethereum's active addresses increased by 5% to 1.2 million over the past 24 hours [Glassnode, 2025-02-04]. These metrics support the observed trends in ETF flows and price movements, offering traders concrete data for making informed decisions.

In terms of trading pairs, the BTC/USD pair on Binance saw a trading volume of $1.16 billion, down from $1.36 billion the previous day, while the ETH/USD pair's volume increased to $960 million from $850 million [Binance, 2025-02-04]. On Coinbase, the BTC/USD pair volume was $450 million, a decrease from $520 million, and the ETH/USD pair volume rose to $380 million from $340 million [Coinbase, 2025-02-04]. These volume changes across major trading pairs further underscore the shifting market sentiment between Bitcoin and Ethereum.

Regarding AI-related news, there were no significant developments reported on February 4, 2025, that directly impacted AI-related tokens or the broader crypto market. However, ongoing research into AI-driven trading algorithms continues to influence market sentiment, with some traders increasingly relying on these tools for decision-making. This trend is reflected in a slight increase in trading volumes for AI-related tokens like SingularityNET (AGIX), which saw a 3% volume increase to 1.2 million AGIX traded on the same day [CoinGecko, 2025-02-04]. While there is no direct correlation with major crypto assets like Bitcoin and Ethereum on this day, the growing interest in AI-driven trading could potentially lead to increased volatility and trading opportunities in the AI/crypto crossover space in the future.