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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

$1.668
+2.90%
24h Volume

$140,450,250.63

24h H/L

$1.699 / $1.616

Change: $0.0830 (5.14%)

Funding Rate

-0.0009%

Shorts pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$1.679

0.06%

Volume (24h): -

Resistance Levels
Resistance 3$1.9275
Resistance 2$1.7824
Resistance 1$1.7153
Price$1.679
Support 1$1.6607
Support 2$1.6032
Support 3$1.455
Pivot (PP):$1.6607
Trend:Downtrend
RSI (14):37.6
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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