Bitcoin holds near $77,000 as ETF outflows weigh on sentiment, while traders await clearer macroeconomic signals and regulatory developments.

Notable Statistics:

• Coinglass data shows 89,097 traders were liquidated in the past 24 hours for $338.25 million.       
• SoSoValue data shows net outflows of $236.5 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $10.95 million.
• In the past 24 hours, top gainers include Bitway, Filecoin and Arbitrum.

Notable Developments:

Trader Notes:

Daan Crypto Trades noted that Bitcoin’s unusually low and early monthly high at $79,200 is likely to be swept. He sees a potential reversal opportunity around that move, with $80,000 remaining the key level for higher-time-frame continuation.

CryptosBatman highlighted Bitcoin has liquidity on both sides, but $78,000 is the stronger near-term target. He expects a liquidity sweep there before BTC makes its next major move.

BitcoinOG Lucky predicts Bitcoin’s current reset could precede another expansion, particularly if a Golden Cross forms alongside stronger momentum. He sees $100,000 as a key Q4 target if bullish momentum returns.

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