empty
 
 
17.02.2025 08:41 AM
Bitcoin and Ethereum Continue to Struggle

Bitcoin and Ethereum are currently facing a challenging situation. The ongoing lack of interest from traders and investors over the past weekend, combined with a significant capital outflow from spot ETFs, reflects a cautious stance among investors amid uncertainty regarding U.S. interest rate cuts and the trade war, which seems to be initiated and then postponed by Donald Trump.

This image is no longer relevant

During the past trading week, there has been a notable reversal in trends for spot cryptocurrency ETFs. Data indicates a net outflow of $580 million from BTC-ETFs, compared to an inflow of $203.8 million the previous week. A similar pattern was observed in ETH-ETFs, which experienced a net outflow of $26.3 million, following an inflow of $420.2 million.

This shift in investment sentiment illustrates increased caution among investors. Potential reasons for this change include profit-taking after the recent crypto rally, macroeconomic uncertainty, and concerns over regulatory measures. Although the outflow from ETH-ETFs was less significant, it shows that the correction has affected not only Bitcoin but also other major cryptocurrencies. The future of the ETF market will largely depend on broader economic conditions and upcoming economic data.

However, a small capital outflow does not necessarily mean that investors have lost faith in the crypto market's strength and long-term potential. Even considering these figures, there is no reason to panic. The longer the consolidation phase lasts, the higher the chances that Bitcoin will resume its growth at the first sign of good news.

The current situation may be a temporary pause before the next growth phase. Investors are redistributing assets, securing profits after the significant gains of previous months, and preparing for new opportunities. Additionally, many institutional investors are only beginning to explore the crypto market and are developing their strategies.

Furthermore, advancements in blockchain technology and the emergence of new and promising projects continue to drive interest in cryptocurrencies. As a result, short-term price fluctuations and minor capital outflows should not be a cause for concern. The crypto market is still in a developmental stage, and corrections and consolidations are natural parts of its cycle. The key is to focus on fundamental factors and long-term trends.

This image is no longer relevant

Technical Outlook for Bitcoin

Buyers are now focused on reclaiming the $97,400 level, which would open the way toward $98,800. From there, it's just a short step to $100,200. The ultimate target is the $101,200 high; surpassing this level would signal a return to a mid-term bullish market.

In case of a Bitcoin decline, buyers are expected at $95,900. A return of the asset below this zone could quickly send BTC down to $94,300, with $92,700 being the next key level.

This image is no longer relevant

Technical Outlook for Ethereum

A clear breakout above the $2,683 level opens the way for $2,733; from there, it's a short step to $2,803. The ultimate target is the $2,833 yearly high; surpassing this level would confirm a return to a mid-term bullish market.

In case of an Ethereum correction, buyers are expected at $2,630. If ETH falls below this area, a rapid decline toward $2,558 could follow. The final support zone would be around $2,490.

Jakub Novak,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $1000 अधिक!
    में फ़रवरी हम आकर्षित करते हैं $1000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback