Grayscale's GBTC Bitcoin ETF logged a daily outflow of -$24.9 million, as tracked by Farside Investors, highlighting persistent redemption pressures in the spot ETF landscape that have weighed on BTC sentiment over the past six months.

Zooming into the 4-hour BTC chart, price action holds bullish above the EMA200 at $71,873 while testing the EMA50 support around $74,608, but the MACD death cross at 148.67 screams bearish divergence; with RSI neutral at 53.44 and price coiled inside Bollinger Bands—upper resistance at $77,561 capping upside, lower support at $73,965 beckoning a test—expect a tactical pullback before resuming the macro uptrend, especially if ETF flows stabilize amid hype around projects like TAO in the broader crypto ecosystem.