Bitcoin ETFs: $1.23M Daily Inflow Recorded

Bitcoin ETFs recorded a 1D net inflow of +20 BTC worth +$1.23M on July 28 while the 7D net flow slipped to -3,170 BTC (-$200.23M); Ethereum ETFs showed stronger momentum with +11,285 ETH (+$21.16M) daily and +37,959 ETH (+$71.17M) over seven days according to Lookonchain.

Price action on the 4h chart shows BTC at $63174.65 inside the Bollinger band with lower support at $63045.37 and upper resistance at $65723.67; the EMA50 at $64573.58 and EMA200 at $63898.23 define the bearish structure while the MACD death cross at -360.9 and RSI at 33.92 keep downside pressure intact, suggesting any bounce attempt will likely stall near the 50-EMA before retesting lower band support.