Crypto Cools as Funds Pull Back
Digital assets opened the week with a modest lift, but the tone remained cautious. Bitcoin held above the mid-$63,000 range, Ethereum edged close to $1,900, and XRP stayed near the $1.00 level while spot ETF flows turned mixed again.
ETF Flows Turn Softer
Fresh redemptions hit Bitcoin and Ethereum products last week, while XRP continued to attract steady interest. The pattern suggests traders are still selective, with capital rotating rather than committing broadly.
| Asset | Weekly ETF Flow | Longer-Term Position |
|---|---|---|
| Bitcoin | -$390 million | $51.79 billion in cumulative net inflows; $76.61 billion in net assets |
| Ethereum | -$2.26 million | $11.45 billion in cumulative net inflows; $10.52 billion in net assets |
| XRP | +$2.25 million | Fifth straight week of inflows; $933 million in net assets |
- Bitcoin ETFs posted the largest weekly pullback, but their overall base of assets remains substantial.
- Ethereum ended a five-week streak of inflows, though the outflow was small relative to total assets.
- XRP stood out as the only one of the three to keep drawing fresh money.
ETF flow data source: SoSoValue.
Price Levels That Matter Most
Bitcoin’s chart remains under pressure, even with price still holding above support. Ethereum looks steadier, but it has not yet repaired its wider trend. XRP is still the weakest technically, despite the strong ETF showing.
Bitcoin: recovery needs more than a bounce
Bitcoin is trading near $63,416, below its main moving averages. That keeps the short-term picture tilted lower unless buyers can force a break above the nearby resistance cluster.
- 50-day EMA: $64,317
- 100-day EMA: $66,393
- 200-day EMA: $72,390
Momentum indicators remain soft. The RSI at 46 signals a weak market, while the MACD sitting below zero shows that bullish follow-through has not yet returned.
Key levels:
- Resistance begins near the 50-day EMA at $64,317.
- Another hurdle sits around $64,850, where a broken trendline now acts as overhead supply.
- Support is first found near the SuperTrend line at $61,291.
Ethereum: stable, but still capped
Ethereum is trading near $1,894, holding above short-term support but still facing a firm ceiling. The setup is better than it was earlier in the month, yet the larger downtrend is not fully broken.
- 50-day EMA: $1,868
- 100-day EMA: $1,918
- 200-day EMA: $2,108
The RSI near 53 points to a neutral-to-firm tone, while the negative MACD suggests buyers still need proof before a broader reversal can take hold.
Practical read: a close above $1,918 would improve the outlook, while a drop back under $1,868 would weaken it again.
XRP: parity is doing all the work
XRP is hovering near $1.00, but price remains below its main trend markers. The market has stabilised, yet it has not regained enough strength to call the move a recovery.
- 50-day EMA: $1.08
- 100-day EMA: $1.16
- 200-day EMA: $1.35
The RSI near 37 and a negative MACD both point to ongoing weakness. A move above $1.01 is the first sign that sellers may be losing control.
What the Flow Data Suggests
Exchange balances rising to 18,000 BTC, from 4,200 BTC the week before, suggest more coins are sitting where they can be sold quickly.
That shift matters because larger exchange balances often mean more potential supply. In simple terms, the market may still be dealing with sellers who are ready to act on strength.
- Bitcoin’s ETF pullback fits a broader cautious tone.
- Ethereum’s minor outflow looks more like a pause than a major retreat.
- XRP’s inflow streak shows that some capital is still willing to take risk.
The overall message is straightforward: the market is steadying, not breaking out. Bitcoin needs a clean move back above resistance, Ethereum must reclaim $1,918, and XRP has to defend parity before it can argue for a stronger rebound.
