Selling Pressure on Bitcoin: Billion-Dollar Outflows from Companies and Funds

The news points to billion-scale outflows from institutional and fund sources, confirming short-term selling pressure. The technical picture is also weak: the price is below SMA20 and SMA50, MACD is negative and below the signal line, and RSI at 40 indicates weak momentum. Although the 24-hour change is limited at -0.86%, a fragile base is forming. If support around 74,000 is broken, the downward move could accelerate; however, since RSI is not approaching oversold territory, reaction buying may also be seen. Therefore, the bias is predominantly downward, with moderate confidence.

COIN has already reacted to news of Bitcoin selling pressure and institutional/fund outflows with a sharp 10.8% decline, suggesting the news may be largely priced in. With RSI at 42.8, it remains far from oversold territory, while MACD is above its signal line but still in negative territory; momentum is weak but there is potential for an oversold rebound. The price is holding near the SMA20 (136.0) while trading below the SMA50 (141.6), indicating that the downward bias persists in the short term. Given the negative news flow, downward pressure may continue over the next 1-3 days, but bargain hunting could emerge after the sharp drop. Therefore, while I see the direction as downward, I maintain medium confidence.

MSTR is directly sensitive to news flow due to its high-leverage exposure to Bitcoin. The price has fallen 13.7% in 24 hours, dropping below both the SMA20 and SMA50, while the RSI at 39 is weak but not in oversold territory; the MACD is negative and very close to its signal line, indicating downward momentum. News of billion-dollar outflows from Bitcoin could weigh on short-term risk appetite and sustain selling pressure on MSTR. However, with the RSI at 39 and the price relatively close to the SMA20, the possibility of a sharp rebound buying remains alive. Therefore, I forecast a downward bias over the next 1-3 days, though confidence is moderate.

The news highlights billions in outflows from Bitcoin from institutional and fund sources; mining stocks like MARA are tied to the BTC price with high beta, so short-term selling pressure is likely. The price at 6.63 is just above the SMA50 (6.59) and above the SMA20 (6.24), meaning the trend has not yet broken, but the 24-hour -3.9% decline is a sign of weakness. RSI at 55.6 is in neutral territory, with no oversold support; MACD is negative but above the signal line, so momentum is indecisive. Therefore, I expect moderate downward pressure rather than a sharp decline; if it slips below the SMA50, risk increases.