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via CoinDesk · By CoinDesk Staff

Bitcoin gauge tracking selling pressure moves into 'high-risk' zone as BTC ETF demand slumps

BTC

BTC/USDT

$62,453.49

-2.70%

$62,453.49

-2.70%

(24s)

24h Volume

$20,631,984,903.60

24h H/L

$65,622.83 / $61,938.00

Change: $3,684.83 (5.95%)

Long/Short

67.3%

Long: 67.3%Short: 32.7%

Funding Rate

-0.0058%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,642.00

▼ -2.15%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,569.14

Resistance 1$63,820.64

Price$62,642.00

Support 1$61,834.89

Support 2$60,586.97

Support 3$59,130.91

Pivot (PP):$63,162.09

Trend:Downtrend

RSI (14):37.1

CoinDesk Staff

(12:25 PM UTC)

1 min read

Approved byEmily Watson

1156 views

0 comments

U.S. spot bitcoin ETFs have accumulated a net 4,500 BTC since the start of 2026, with May reversing the buying pattern that built through March and April, per Swissblock data.

The institutional bid under bitcoin BTC$72,862.46 is running on fumes.

U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of the year, an unusually thin number given the products were the structural buyer…

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

CoinDesk Staff · CoinDesk

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