๐ฐ ETF Inflows & Pullback Test
๐ Market Snapshot
โข Bitcoin (BTC): ~$121,788 โ down ~1.8% intraday after failing to hold above $123K.
โข Ethereum (ETH): ~$4,455 โ down ~4.7%, reacting to broad risk-off sentiment.
โข BTC Spot ETFs: Recorded $23.8M in net outflows, ending the multi-day inflow streak.
โข ETH Spot ETFs: Posted $420.9M in inflows, signaling rotation toward Ethereum.
โข Total Market Cap: ~$4.26T โ down ~2.2% as large caps consolidate.
๐ Insights
โข The BTC outflow reflects profit-taking near resistance after record highs.
โข ETH inflows highlight investor preference for diversified exposure amid consolidation.
โข 90 of the top 100 tokens traded lower โ suggesting a broad but temporary correction.
๐ Takeaway
ETF data shows capital rotation rather than an exit. Bitcoin is stabilizing near key support ($118Kโ$120K), while Ethereumโs resilience signals potential leadership in the next cycle phase.