Bitcoin, Ethereum Prices Stuck Near Key Levels as Traders Await Breakout
Bitcoin and Ethereum prices have been trading sideways near key technical levels as traders wait for a breakout or further pullback. This comes as U.S. spot Bitcoin ETFs recorded $102.7 million in net inflows on October 1, led by BlackRock's IBIT with $195.6 million. In contrast, Ethereum ETFs saw $55 million in outflows. Meanwhile, whales accumulated around 75,000 BTC over 30 days, even as a market dip triggered about $250 million in long liquidations. Traders are now watching trading volume and upcoming macroeconomic data for the next directional move.