At the 87K threshold, the market is still waiting for capital flows to provide an answer.
The pullback in the dollar, Treasury yields, and oil prices has given markets some breathing room. But BTC ETFs have turned to net outflows, while ETH ETFs have seen outflows for five consecutive days. Spot flows have yet to show a united trend.
The key levels to watch next are whether 87K–87.4K can hold firmly, and whether support emerges around 85K. Whether improving macro conditions can translate into sustained buying will determine how far this consolidation can go.
The pullback in the dollar, Treasury yields, and oil prices has given markets some breathing room. But BTC ETFs have turned to net outflows, while ETH ETFs have seen outflows for five consecutive days. Spot flows have yet to show a united trend.
The key levels to watch next are whether 87K–87.4K can hold firmly, and whether support emerges around 85K. Whether improving macro conditions can translate into sustained buying will determine how far this consolidation can go.
