Spot Bitcoin ETFs have officially ended their four-week inflow streak, recording approximately $296 million in net outflows this week. This shift comes after a strong period where more than $2.2 billion flowed into the market, indicating that investor sentiment is starting to turn cautious amid ongoing macro uncertainty.
Bitcoin continues to trade within a defined range between $65,000 and $72,000, showing a lack of strong directional momentum. Despite the recent outflows, capital is not aggressively exiting the market. Instead, investors appear to be waiting on the sidelines, avoiding clear bullish or bearish commitments until stronger signals emerge.
At the same time, Ethereum is also reflecting weakness. Spot Ether ETFs have recorded their second consecutive week of outflows, suggesting that demand is slowing down. This decline in interest could increase the probability of further downside pressure for $ETH in the short term.
Overall, the broader crypto market is currently in a phase of uncertainty and consolidation. Price action remains volatile but directionless, as macroeconomic factors, geopolitical risks, and liquidity conditions continue to influence investor behavior. Until a clear catalyst appears, the market is likely to remain range-bound with sudden spikes in volatility.$ETH $BTC
