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via Decrypt · By Decrypt Editorial

Bitcoin ETFs Post 5-Week Buying Streak as Hedges Unwind, Institutional Appetite Returns

NEAR

NEAR/USDT

$1.894
+7.13%
24h Volume

$393,462,161.05

24h H/L

$1.949 / $1.704

Change: $0.2450 (14.38%)

Funding Rate

+0.0110%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.879

6.34%

Volume (24h): -

Resistance Levels
Resistance 3$2.278
Resistance 2$2.0871
Resistance 1$1.9178
Price$1.879
Support 1$1.8127
Support 2$1.7507
Support 3$1.6727
Pivot (PP):$1.7507
Trend:Uptrend
RSI (14):64.8
DE
Decrypt Editorial
(12:56 PM UTC)
1 min read
DK
Updated byDavid Kim

In brief

  • U.S. spot Bitcoin ETF inflows totaling $3.8 billion pushed total net assets to a record $108.76 billion.
  • The 25-delta skew is compressing to near-zero as traders unwind downside protection built up during the bear phase.
  • Bitcoin’s upside is capped at $85,200, which is the next key resistance, per Glassnode analysts.

U.S. spot Bitcoin ETFs have recorded five consecutive weeks of positive…

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Source

Decrypt Editorial · Decrypt

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