Ethereum ETFs See $164 Million Net Inflows for Four Consecutive Days
- Ethereum ETF Performance: On January 15, Ethereum spot ETFs saw net inflows of $164 million, marking four consecutive days of positive flows, indicating improving investor confidence in large-cap crypto assets, thereby enhancing market sentiment and supporting a broader risk-on tone across major assets.
- Bitcoin ETF Attracts Funds: Prior to this, Bitcoin spot ETFs recorded $100 million in net inflows, also for four straight days, suggesting that investors are allocating to crypto in a measured manner, further solidifying market confidence in cryptocurrencies.
- Increased Inflows for Other Assets: Solana and XRP spot ETFs logged net inflows of $8.94 million and $17.06 million respectively, showing growing interest beyond Bitcoin, particularly as several high-beta tokens tested key technical levels, indicating a broader market engagement.
- Solana Price Trend Analysis: Solana traded at $143.34, rising 0.75% in 24 hours, with market watchers noting a stronger price structure after recent volatility; if it can hold above $147, it may attract further buying interest, pushing prices towards $155.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36099.581 | 48049.791 | 60369.601 | 72319.811 | 84639.621 | 96589.831 | 108909.641 |
| Fibonacci | 48049.791 | 57320.938 | 63048.663 | 72319.811 | 81590.958 | 87318.683 | 96589.831 |
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