Bitcoin ETFs: 7D Outflows Hit $990.98M
Lookonchain data shows Bitcoin ETFs recorded 1-day net outflows of 859 BTC worth $67.33 million and 7-day outflows of 12,641 BTC worth $990.98 million, while Ethereum ETFs posted 1-day outflows of 34,497 ETH and 7-day outflows of 202,950 ETH.
SourceAnalysis
Lookonchain reported Bitcoin ETFs posted 1D netflow of -859 BTC (-$67.33M) and 7D netflow of -12,641 BTC (-$990.98M) on Nov 4. Ethereum ETFs recorded 1D netflow of -34,497 ETH (-$79.99M) and 7D netflow of -202,950 ETH (-$470.58M).
BTC trades at $78,329.61 just below the EMA50 at $78,471.91 in a bearish structure against the EMA200 at $80,801.63, with RSI at 54.14 remaining neutral and MACD printing a golden cross at -136.24. Price sits inside the Bollinger bands, pressing the upper band resistance at $78,915.36 while the lower band support rests at $76,413.77, pointing to near-term consolidation around the 50-EMA before any extension lower.
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