Bitcoin and Ethereum ETFs Absorb Record $1.6B in Inflows
Bitcoin and Ethereum's ETFs have seen significant inflows this week, with $1.6 billion split between BTC and ETH products. According to @CryptoKing4Ever, the assets saw nine consecutive days of net inflows after months of outflows.
The price action on the 4h chart shows Bitcoin holding above its EMA50 at $76851.33, while the EMA200 at $70028.33 anchors the broader bullish structure. The RSI remains neutral at 44.04, but the MACD death cross at 75.21 signals short-term caution.
Despite this, the pair trades inside the Bollinger band with lower support at $77107.0 and upper resistance at $80672.7. This suggests that any dip may find bids near the 50-EMA before continuation.