Bitcoin ETFs: $614M Daily Outflow Hits Nov 2

Lookonchain reported Bitcoin ETFs posted 1-day net outflows of 7,919 BTC ($614.26 million) and 7-day outflows of 2,292 BTC ($177.81 million) on November 2, while Ethereum ETFs saw 1-day outflows of 44,837 ETH ($102.12 million) and 7-day outflows of 147,585 ETH ($336.15 million).

BTC trades at $77,969.92 inside its Bollinger Bands with the upper resistance at $78,550.23 and lower support at $76,931.86; the bearish structure keeps price below the EMA50 at $79,101.38 and EMA200 at $81,084.30, yet the MACD golden cross at -331.44 signals building momentum while RSI at 44.97 remains neutral, pointing to a likely test of the $78,550.23 band before any sustained move toward the 50-EMA resistance.