Clarity Act Stalemate Triggers Sharp Outflows from Bitcoin and Ethereum ETFs

The news indicates that regulatory uncertainty has triggered ETF outflows, which could suppress risk appetite in the short term. The price is below the 20 and 50-day moving averages, the 24-hour change is negative, and the RSI at 42 confirms weak momentum. The MACD is in negative territory but slightly above the signal line, suggesting the decline may slow. Therefore, the 1-3 day outlook is bearish, but oversold conditions may limit a sharp drop. Near support is in the 74,000-75,000 band, while resistance is around the SMA20 at 76,200.

The news indicates that regulatory uncertainty has triggered ETF outflows, which could suppress risk appetite in the short term. ETH fell 3.5% in the last 24 hours to $2,406; RSI at 39 is weak but close to oversold territory. MACD is negative and below the signal line, but the histogram is beginning to turn positive; this may indicate weakening downward momentum. The price is slightly below the SMA20 and significantly below the SMA50, so the short-term trend is downward. Although the news flow is negative, oversold conditions could create a limited relief rally; therefore, the direction is down but confidence is moderate.