Bitcoin ETFs See $216.7 Million Inflow: Critical Threshold at $81,000

Despite inflows into Bitcoin ETFs, the price remains below the critical $81,000 threshold, trading around $77,000. The RSI is in the weak zone at 36, and the MACD is negative, indicating downward short-term momentum. The price is also below both the SMA20 and SMA50, which paints a negative technical picture. While ETF inflows may provide some support, current indicators suggest that downward pressure could persist. Therefore, the bearish trend dominates in the short term.

GOOGL stock is exhibiting a weak short-term technical outlook, with the RSI approaching oversold territory at 34.9, while the MACD remains negative and below its signal line. The price is trading below the 20-day and 50-day moving averages, indicating that selling pressure may persist. Although the news of Bitcoin ETF inflows has no direct impact on GOOGL, an increase in overall risk appetite could provide limited support to the stock. However, current technical indicators predominantly favor a downward move, so the bearish trend is expected to continue in the short term. If investors see closes below the $335 level, selling pressure could intensify further.

COIN stock has lost 6.5% in the last 24 hours, with the RSI dropping to 40, signaling weakening momentum. The MACD is in negative territory and below the signal line, indicating downward short-term momentum. The price is trading below both the 20-day and 50-day moving averages, painting a negative technical outlook. Despite positive Bitcoin ETF inflows, uncertainty in the cryptocurrency market could continue to pressure COIN as long as it remains below the critical $81,000 threshold. In the short term, the downtrend is likely to persist, though oversold conditions may trigger a rebound.

MSTR shares have declined 8.15% over the past 24 hours to $124.91, trading below both the 20-day and 50-day moving averages. The RSI at 41.5 indicates weak momentum, while the MACD is below the signal line and in negative territory, suggesting continued short-term pressure. Despite inflows into Bitcoin ETFs, as long as the price remains below the critical threshold of $81,000, selling pressure on MSTR may persist. Technical indicators and price action point to a maintained downtrend over the next 1-3 days. However, as the stock approaches a strong support level, the pace of decline may be limited.