Price swept 0.361 low, formed a base and printed higher lows before breaking above 0.395 resistance with strong bullish candle. Structure turning bullish.
The dip didn’t get continuation and bids stepped in quickly, which looks more like absorption than distribution. Buyers are still defending structure well and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.
Bitcoin is rebounding from the support trendline of the falling wedge pattern after a deep correction. The Ichimoku Cloud is acting as a resistance barrier above the wedge.
Holding this level could trigger an upward rally, while a breakdown below the wedge support may lead to further market correction.
$BTC Institutions Are Hitting the Exit — Crypto ETFs Bleed $500M
Institutional money is pulling back hard. In a single day, crypto ETFs saw nearly $500 million in net outflows, signaling growing risk-off behavior at the top. U.S. spot Bitcoin ETFs led the damage, shedding $430M, with BlackRock’s IBIT alone losing $175M. That’s not retail panic — that’s big capital reducing exposure.
Ethereum isn’t escaping either. Spot $ETH ETFs lost another $80M, extending an already brutal downtrend as prices continue to slide. With BTC hovering near $63K and ETH around $1.87K, ETF flows are now reinforcing downside pressure instead of absorbing it. This shift matters. ETFs were supposed to be the demand engine — now they’re becoming a source of supply.
Is this just tactical de-risking… or the start of a deeper institutional unwind $SOL