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The ETF tape is still green. That is the part the chart keeps trying to ignore.
Bitcoin funds took in 3,006 $BTC yesterday, about $238M. Over seven days that is 18,011 BTC, roughly $1.43B. Ethereum funds took in 88,938 $ETH about $223M. On the week: 338,771 ETH, about $850M.
Read that again.
ETH’s market is a fraction of Bitcoin’s, and it still almost matched BTC’s one-day dollar inflow. On a seven-day basis it is not noise. It is persistent demand.
That is why this range has been so annoying. $BTC cannot hold $80k cleanly. $ETH keeps losing $2,500. The timeline calls it weakness. The flow says institutions did not leave. They are still absorbing while price chops through Jackson Hole.
Flows like this do not guarantee a breakout. They do tell you the dip is being bought by someone slower than the people posting the red candles. One-day prints can be noise. Seven-day prints this size are a bid.
If Warsh gives risk permission, this is the fuel sitting under $80k and $2,500.
If he does not, these inflows become the floor that gets tested, not the breakout that gets cancelled.
The market can look dead and still be getting filled.
$BTC $ETH
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Criptomoedas populares
BTC/USDTBitcoin
$78 719,4+0,00%
ETH/USDTEthereum
$2475,85+0,00%
SOL/USDTSolana
$103,35-0,03%
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