Bitcoin Reclaims $65,000 as ETF Inflows Spark Rebound in ETH and XRP
Bitcoin regained the $65,000 level on February 25 (local time), continuing its short-term rebound, according to investment media outlet FXStreet. After confirming support at $62,500 the previous day, improving risk appetite combined with inflows into spot ETFs pushed the price as high as $65,510 intraday. Despite tariff-related uncertainties, renewed buying interest helped recover part of the recent losses.
Bitcoin spot ETFs recorded approximately $258 million in inflows in a single day. Fidelity’s FBTC attracted about $83 million, BlackRock’s IBIT saw $79 million, and 21Shares’ ARKB brought in $71 million. Cumulative inflows reached $54 billion, with total net assets under management at $81 billion. The return of institutional capital is being interpreted as a sign of renewed appetite for risk assets.
Technically, the Moving Average Convergence Divergence (MACD) remains above its signal line, suggesting improving upward momentum. The Relative Strength Index (RSI) has rebounded from oversold territory at 35 but remains below the neutral 50 level, indicating it is too early to call a strong buying reversal. The 50-, 100-, and 200-day exponential moving averages are clustered between $76,400 and $91,452, signaling that the mid-term trend remains in a corrective phase. Immediate resistance is seen at $70,600, followed by $72,271.
Ethereum is trading near $1,914 while defending support at $1,800. U.S.-listed Ethereum spot ETFs recorded approximately $9 million in net inflows, with Grayscale’s ETH ETF gaining $11 million, while Fidelity’s FETH saw $1.9 million in outflows. Cumulative inflows stand at $11.48 million, with net assets totaling $10.47 billion. However, ETH remains below its 50-, 100-, and 200-day moving averages, maintaining its broader downtrend. A confirmed daily close above $1,900 could open the door to a retest of the 50-day average near $2,385.
XRP is fluctuating around $1.38 and attempting to break resistance at $1.51. XRP spot ETFs recorded approximately $3 million in inflows, bringing cumulative inflows to $1.23 billion and net assets to $981 million. The MACD shows a modest buy signal, while the RSI remains at 39, still below the neutral line. A breakout above $1.54 would target the 50-day moving average at $1.63 as the next resistance level, whereas a drop below $1.40 could renew downward pressure.
Disclaimer: This article is for investment reference only and the publisher is not responsible for any investment losses incurred based on its content. The information provided should be interpreted for informational purposes only. <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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