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

NEAR

NEAR/USDT

$5.037

+18.43%

$5.037

+18.43%

(24s)

24h Volume

$1,876,235,658.01

24h H/L

$5.056 / $4.249

Change: $0.8070 (18.99%)

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data

NEAR

Daily

$5.012

▲ 9.19%

Volume (24h): -

Resistance Levels

Resistance 3$6.015

Resistance 2$5.4332

Resistance 1$5.0907

Price$5.012

Support 1$4.6523

Support 2$4.2826

Support 3$3.763

Pivot (PP):$4.506

Trend:Uptrend

RSI (14):84.9

Decrypt Editorial

(12:56 PM UTC)

1 min read

Updated byDavid Kim

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…