Cash flow movements for spot Bitcoin ETFs in dollars, alongside a line showing the BTC price.

Shown on (dated 06-11) are negative outflows (Outflow) of $411.9 million, while the price of Bitcoin remained around $75,810, with these funds' total net assets at approximately $148.05 billion.

Recent flows (such as the latest wave of weekly outflows, which exceeded $1.28 billion) reflect temporary selling pressure from institutional investors and a weakening of annual flows.

2. The likelihood of Bitcoin rising next week:

A technical rebound is possible, provided support holds and resistance levels are overcome: Bitcoin is currently trading near critical, sensitive support zones (around $75,000–$76,000), which coincide with important moving averages and retracement levels (such as the 200-day moving average and psychological support).

Potential positive factors for a rebound: Historically, November has been a positive month for Bitcoin on average. In addition, stabilization in fund flows and easing institutional selling pressure could prompt the market to attempt to reclaim nearby resistance levels (such as the $80,000–$80,200 zone).

Risks and the bearish scenario: If prices fail to hold above current support zones and significant outflows from ETF funds continue, alongside pressure from broader markets (such as stock market volatility and economic reports), the decline could extend to test lower support zones near $73,000–$74,000.

Conclusion: A technical rebound is possible and closely linked to buyers' ability to defend the $75,000–$76,000 zone and turn institutional flows positive again. However, caution is warranted given the elevated volatility and recent selling pressure.