Bitcoin ETF: 11-Day Outflow Totals $3.45 Billion
Bitcoin ETF records 11-day outflow streak of $3.452B while ETH ETF hits 15 days at $757M; BTC price falls 14.2% to $70,111 amid record ETF redemptions.
SourceAnalysis
Bitcoin ETF logged 11 consecutive trading days of outflows totaling $3.452 billion, while ETH ETF posted 15 straight days at $757 million, driving BTC from $81,710 to $70,111 and ETH from $2,412 to $1,956.
Since last October ETF assets have collapsed 43% for BTC and 63% for ETH, matching price drops of 41% and 59% respectively and confirming direct ETF-flow dominance over spot prices.
BTC trades at $70924.62 inside the Bollinger Bands on the 4h chart; the oversold RSI(14) at 25.65 and bearish MACD death cross at -856.13 keep price pinned below EMA50 resistance of $74002.91, with lower-band support at $70703.17 the next logical test before any relief rally.
余烬
@EmberCNAnalyst about On-chain Analysis