Glassnode: US Bitcoin ETF Volumes Drop 78% From Peak

Glassnode data shows trading activity in US spot ETFs remains muted, with volumes down 78% from the peak and below 2024 levels, signaling that sustained BTC price momentum requires fresh participation from other asset classes.

Price sits at $62845.97 beneath the EMA50 at $63087.59 and EMA200 at $63712.43 in a clear bearish trend structure, while MACD at -250.47 confirms the death cross; with price pressing the upper Bollinger Band resistance at $64884.92 and RSI at 44.76 still neutral, a retracement toward the lower band support at $61874.09 appears the next high-probability move before any recovery attempt.