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Bitcoin Price Analysis: Warning Signs of a BTC Correction Ahead

Bitcoin’s price is currently teasing with investors, as it is struggling to sustain its rally above the $100K resistance level and could even be on the verge of a short-term correction. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been making higher highs and lows since rebounding from the $92K level. While the market has also broken the $100K level to the upside, it has failed to sustain bullish momentum and is having a hard time getting past the $108K resistance level. If the $100K level is lost, a drop back toward the $92K region could be expected in the near future. The 4-Hour Chart Looking at the 4-hour timeframe, things look a lot messier in the past few days. The price action has been extremely choppy after the bullish breakout from the $100K level and the falling wedge pattern. The $108K resistance zone has also rejected the asset decisively, and the market is now moving back toward the $100K level. The RSI has also dropped below 50%, which could lead to a breakdown of the $100K area and cause a deeper correction. On-Chain Analysis By Edris Derakhshi (TradingRage) Bitcoin Exchange Netflow While Bitcoin is trading at all-time high prices, an interesting observation can be made by looking at the short-term holder SOPR. This metric measures the ratio of realized profits by investors who have held their BTC for less than 6 months. As the chart depicts, the STH-SOPR has been dropping rapidly over the past couple of weeks, indicating that most profit-taking by short-term holders has already been done. This is a positive signal, as it points to a potential supply shrink, which could push the price higher in the upcoming weeks. The post Bitcoin Price Analysis: Warning Signs of a BTC Correction Ahead appeared first on CryptoPotato .

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

U.S. Spot Ethereum ETFs Record $70.64M in Net Inflows on January 22

On January 22 , U.S. spot Ethereum (ETH) ETFs reported a combined net inflow of $70.64 million , highlighting sustained interest in Ethereum-focused investment products. According to data from SoSoValue , BlackRock’s ETHA led the inflows with $79.11 million , while Fidelity’s FETH followed with $8.98 million . In contrast, Grayscale’s ETHE recorded a net outflow of $17.44 million , suggesting a divergence in investor sentiment among different Ethereum ETFs. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential. Key Data from January 22 Ethereum ETF Activity BlackRock’s ETHA Net Inflows : $79.11 million As a market leader, BlackRock’s ETH ETF continued to attract the majority of investments, reinforcing its dominance in the Ethereum ETF space. Fidelity’s FETH Net Inflows : $8.98 million Fidelity’s spot Ethereum ETF also saw positive traction, albeit at a smaller scale compared to BlackRock’s ETHA. Grayscale’s ETHE Net Outflows : $17.44 million Grayscale’s ETHE struggled with investor sentiment, reporting the largest outflow among U.S. Ethereum ETFs. Other Ethereum ETFs No Significant Activity : Remaining ETFs did not experience notable changes in their holdings. Spot Ethereum ETFs: Why the Inflows Matter The substantial net inflows reflect growing confidence in Ethereum as a long-term investment: Institutional Adoption Increased inflows, particularly into BlackRock’s ETHA, highlight rising interest from institutional investors seeking exposure to Ethereum. Diverse Applications Ethereum’s role as the backbone of decentralized finance (DeFi) and non-fungible tokens (NFTs) continues to attract long-term investors. Regulatory Clarity The approval of spot Ethereum ETFs in the U.S. has provided investors with secure and regulated avenues for Ethereum exposure. Ethereum ETF Comparisons ETF Net Inflows/Outflows Commentary BlackRock’s ETHA $79.11M Inflows Maintains its position as the leader in Ethereum ETFs. Fidelity’s FETH $8.98M Inflows Shows steady growth but trails behind BlackRock’s ETHA. Grayscale’s ETHE $17.44M Outflows Indicates waning investor interest in Grayscale’s product. Other ETFs No Activity No significant changes were recorded. Why BlackRock’s ETHA Dominates BlackRock’s ETH ETF dominance is driven by: Brand Reputation : As a global financial leader, BlackRock attracts institutional trust and investor confidence. Robust Strategy : A well-designed product that aligns with market demand for secure Ethereum exposure. Market Timing : BlackRock capitalized on the growing adoption of Ethereum by launching its ETF at a favorable time. What’s Behind Grayscale’s Outflows? The $17.44 million outflow from Grayscale’s ETHE signals potential concerns: Fee Structure : Higher fees compared to newer ETF products may deter investors. Competition : The launch of spot Ethereum ETFs from competitors like BlackRock and Fidelity has provided investors with more attractive options. Conclusion The $70.64 million net inflow into U.S. spot Ethereum ETFs on January 22 underscores the growing appeal of Ethereum as an investment asset. While BlackRock’s ETHA led the pack with significant inflows of $79.11 million , Grayscale’s ETHE faced challenges, reporting a notable outflow of $17.44 million . This divergence highlights a competitive market where product differentiation, fees, and brand reputation play critical roles in investor decision-making. As institutional interest in Ethereum continues to grow, the performance of these ETFs will remain a key indicator of market sentiment. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential. FAQs What was the total net inflow for U.S. spot Ethereum ETFs on January 22? The total net inflow was $70.64 million, with BlackRock’s ETHA leading the activity. Which Ethereum ETF saw the largest inflow? BlackRock’s ETHA recorded the highest inflow at $79.11 million. Why did Grayscale’s ETHE see outflows? Grayscale’s ETHE faced $17.44 million in outflows, likely due to higher fees and increased competition from newer ETF products. What does the inflow into Ethereum ETFs signify? The inflows reflect growing confidence in Ethereum as a long-term investment, driven by its role in DeFi and NFT markets. How does BlackRock’s ETHA maintain its dominance? BlackRock benefits from strong brand reputation, strategic product offerings, and timing that aligns with increasing Ethereum adoption. What role does regulatory clarity play in Ethereum ETF investments? Regulatory approval of spot Ethereum ETFs in the U.S. has provided a secure and regulated framework, boosting investor confidence. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries. Crypto Potato

“Dr. Doom” Says There Will Be Another “Big Bubble” in Crypto

There is no doubt that cryptocurrencies are hot right now, especially since they have the backing of the Trump administration. Therefore, it is eas... Crypto Potato