Bitcoin Near Value-for-Money Range as RSI Dips to 35; Matrixport Sees Cautious Rebound Amid ETF Outflows and US Stimulus Risk

Matrixport’s latest market view notes the ongoing retracement in the crypto market has reached a value-for-money zone on a technical basis. The RSI hovering near 35 is historically associated with emerging buy pressure, yet durable momentum awaits a macro catalyst.

In the near term, catalysts include a potential resolution to the U.S. government shutdown and talk of roughly $2,000 in stimulus checks. Such developments could shift risk sentiment and recall the retail-frenzy dynamics seen in 2020–2021.

Still, net ETF outflows and institutional caution suggest the rebound remains constrained. A credible reversal will depend on a convergence of liquidity and fundamentals, rather than single-policy triggers.