Today I wasn’t planning to write specifically about market trends. I just flipped through the latest data and found something worth talking about.
Bitcoin is currently stuck around $64,300, trading in a narrow range with little sense of direction. What really deserves attention is the flow of funds—Bitcoin ETFs have seen net outflows exceeding $465 million in the past two days. On the institutional side, they’re not moving in; they’re withdrawing.
Ethereum is a bit steadier. Supported by stable ETF net inflows, it’s holding around the $1,860 area. After a pullback over the weekend, it has regained some ground.
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▎ The macro picture is pretty tug-of-war
Oil prices are pushing higher, and U.S. 10-year Treasury yields are also rising. Together, they’re boosting risk-off sentiment, which is theoretically not friendly to risk assets.
But on the other hand, regulatory progress on the CLARITY Act, along with reported issues related to Trump’s crypto-related earnings, is making the market more cautious in interpreting policy developments. Sentiment is being pulled in different directions—cooling down here and heating up there.
▎ How to think about the technicals
Right now, the key support is around $64,253, while resistance is at $64,409. The trading range is extremely tight, suggesting neither bulls nor bears have a clear upper hand at the moment—this is a classic “wait for news” market.
== —— ==
※ At this stage, Bitcoin isn’t really rising—it’s waiting. Waiting for next week’s FOMC outcome, waiting for ETF fund flows to genuinely turn positive, and waiting for risks tied to oil prices and the geopolitical situation to play out.
Before the direction is confirmed, instead of guessing how things might move next, it’s better to watch where the capital is actually going.
The above is only my personal observation. Data is from publicly available market information and does not constitute investment advice. DYOR
$BTC $BNB $SOL
Bitcoin is currently stuck around $64,300, trading in a narrow range with little sense of direction. What really deserves attention is the flow of funds—Bitcoin ETFs have seen net outflows exceeding $465 million in the past two days. On the institutional side, they’re not moving in; they’re withdrawing.
Ethereum is a bit steadier. Supported by stable ETF net inflows, it’s holding around the $1,860 area. After a pullback over the weekend, it has regained some ground.
== —— ==
▎ The macro picture is pretty tug-of-war
Oil prices are pushing higher, and U.S. 10-year Treasury yields are also rising. Together, they’re boosting risk-off sentiment, which is theoretically not friendly to risk assets.
But on the other hand, regulatory progress on the CLARITY Act, along with reported issues related to Trump’s crypto-related earnings, is making the market more cautious in interpreting policy developments. Sentiment is being pulled in different directions—cooling down here and heating up there.
▎ How to think about the technicals
Right now, the key support is around $64,253, while resistance is at $64,409. The trading range is extremely tight, suggesting neither bulls nor bears have a clear upper hand at the moment—this is a classic “wait for news” market.
== —— ==
※ At this stage, Bitcoin isn’t really rising—it’s waiting. Waiting for next week’s FOMC outcome, waiting for ETF fund flows to genuinely turn positive, and waiting for risks tied to oil prices and the geopolitical situation to play out.
Before the direction is confirmed, instead of guessing how things might move next, it’s better to watch where the capital is actually going.
The above is only my personal observation. Data is from publicly available market information and does not constitute investment advice. DYOR
$BTC $BNB $SOL