Bitcoin ETFs: Extend Longest Win Streak
Bitcoin ETFs hit longest inflow streak since September 2023 at $77784.77 BTC price, yet spot demand lags amid bullish EMA trends and neutral RSI.
SourceAnalysis
Bitcoin ETFs just notched their longest inflow streak since September 2023, pulling in fresh capital despite lagging spot demand that puzzles traders chasing BTC price prediction highs. DecryptMedia reports the streak extends amid broader crypto market volatility, where institutional flows dominate but retail buyers hold back, echoing patterns from late 2025 when ETF hype outpaced direct BTC purchases. This disconnect raises questions on underlying drivers, potentially tied to regulatory shifts or macro pressures stifling spot interest.
As a senior macro-crypto prop trader, I see confluence screaming caution here. BTC trades at $77784.77 inside Bollinger Bands, hugging the upper resistance at $78769.62 while the lower support at $76962.43 offers a safety net. Bullish structure holds with EMA50 at $77163.29 acting as immediate support and EMA200 at $73773.05 reinforcing the long-term floor, but MACD's bearish death cross at 214.63 signals weakening momentum. Neutral RSI at 50.26 keeps things balanced, yet this setup points to a likely pullback testing EMA50 before resuming upside—watch for exhaustion near upper bands amid lagging spot flows, blending with viral TAO ecosystem buzz for potential cross-asset plays.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.