Crypto prices edged higher to start the week, but the move looked more like steadying than surging. Bitcoin held above the low-$63,000 range, Ethereum inched back toward $1,900, and XRP stayed near the key $1.00 level even as fresh ETF redemptions returned to the market.
Bitcoin Faces Selling Pressure Despite Large-Scale ETF Strength
Bitcoin spot exchange-traded funds recorded about $390 million in outflows through Friday, signalling that investors trimmed risk after a softer stretch in broader market sentiment.
That short-term weakness does not erase the bigger picture. The category still shows substantial accumulated demand, which helps explain why the market has not broken down harder.
- Cumulative net inflows: $51.79 billion
- Total net assets: $76.61 billion
The message is straightforward: buying momentum has cooled, but institutional participation remains firmly in place. The current phase looks cautious rather than panicked.
Ethereum Loses Steam After a Strong Run
Ethereum spot ETFs also slipped back, posting $2.26 million in outflows through Friday. The size of the withdrawal is small, yet it matters because it ended five straight weeks of positive inflows.
Even so, the ETH ETF complex remains well supported on balance.
- Cumulative net inflows: $11.45 billion
- Net assets under management: $10.52 billion
That profile suggests a pause in demand rather than a sharp change in conviction. For now, investors appear willing to wait for a cleaner setup before adding more exposure.
XRP Keeps Drawing Capital While Rivals Stall
XRP was the standout. Its spot ETFs brought in $2.25 million last week through Friday, extending a five-week inflow streak and separating the token from the softer tone in Bitcoin and Ethereum products.
That kind of steady interest matters because it shows there is still appetite for selective risk, even in a market that is broadly hesitant.
- Recent flow trend: five straight weeks of inflows
- Net assets: $933 million
ETF flow data source: SoSoValue.
Chart Signals Stay Mixed Across the Big Three
Price action is improving in spots, but the technical backdrop is still uneven. Bitcoin is the clearest example of a market trying to base without yet reclaiming full control.
Bitcoin technical picture remains capped by layered resistance:
- 50-day EMA: $64,317
- 100-day EMA: $66,393
- 200-day EMA: $72,390
With price still below all three averages, the broader trend has not fully turned. The daily RSI at 46 shows limited momentum, and the MACD staying below zero points to fading upside energy.
Near-term resistance sits first at the 50-day EMA around $64,317, then at the broken trendline near $64,850, followed by the 100-day EMA at $66,393 and the 200-day EMA at $72,390. A daily close above the $64,317 to $64,850 zone would be the first real sign of a stronger recovery.
Support is focused around the SuperTrend line at $61,291. If that floor gives way, the risk of a deeper pullback rises quickly.
What Traders Should Watch Next
Bitcoin exchange balances moved higher last week, which is a warning sign for anyone hoping the market is simply absorbing supply.
“Coins on an exchange are easier to sell, so this cuts against the accumulation story. Whoever bought the panic in early August was not the dominant flow this week,” Santiment researchers said in their weekly report.
That shift matters because higher exchange balances usually mean more liquidity available for sale, not less. It is one reason the current bounce has not yet developed into a decisive trend reversal.
Ethereum is in a better place than Bitcoin in the short term, but it still needs a clean break above the 100-day EMA at $1,918 before the chart starts to look genuinely constructive.
XRP is the weakest of the three on price action, even though its ETF flows look the strongest. It trades at parity, remains below key moving averages, and still needs a break above $1.01 before momentum can shift in a meaningful way.
For now, the market is sending a mixed message: ETF demand has not disappeared, but spot prices are not yet confirming a broad return of confidence.
