$BTC The present price range, which is close to the point of the early 2025 breakdown, may actually serve as both structural and psychological resistance. A short-term pullback is becoming more likely as the asset consolidates following a strong rally - especially as the RSI approaches overbought territory at 69. But sentiment is not just about technical aspects. On May 1, net inflows of $422 million were made into Bitcoin spot ETFs, with BlackRock (NYSE:BLK)’s IBIT leading the way with $351 million.