Bitcoin exchange-traded funds recorded their largest weekly outflows since late January, according to data. This institutional caution coincides with a sharp 81% drop in spot trading volumes on major exchanges from October 2025 levels. Traders are now closely watching Bitcoin’s price action around the $79,300 resistance level for the market’s next directional move.
Bitcoin ETF products recorded their biggest weekly outflows since late January, according to data shared by Sentora. The previous period of large withdrawals earlier this year was followed by Bitcoin falling from nearly $89,000 to around $62,000.
Analyst Santoso Crypto pointed out sell pressure from large investors. “The investor explained that many traders attempt to short positions at $85,000, when the market pivot point is $79,300.”
On-chain analyst Darkfost noted a significant 81% decline in Bitcoin spot trade volumes from October 2025. Spot volumes hit levels typically witnessed in bear market cycles, with Binance‘s volume falling to $36.4 billion from a high of $198.6 billion.
Crypto Bully mentioned Bitcoin is now trading in a tight range between $76,000 and $78,000 after a failed auction under March levels. The trader stated price moving higher beyond the $78,000 to $79,000 resistance could result in a return to previous highs.
