Tuesday, Spot Bitcoin 
$110,966.73 Exchange Investment Funds (ETFs), Ethereum in terms of investor interest 
$4,307.64 Leaving behind the counterparts, he recorded important entrances.
According to data from Sosovalue, Bitcoin ETFs saw net $ 332.7 million. Fidelity’s FBTC fund leads to $ 132.7 million, followed by Blackrock’s IBIT Fund, which attracted $ 72.8 million. According to the same data, other exporters, including Grayscale, Ark & 21shares, Bitwise, Vaneck and Invesco, reported net entries during the day.
Ethereum ETFs reported $ 135.3 million output
Unlike Bitcoin, Spot Ethereum ETFs daily net $ 135.3 million. 99.2 million dollars of the withdrawal caused by Fidelity’s conquest, while Bitwise’s ETHW fund recorded a negative flow of $ 24.2 million.
This reversal came after Ethereum products have performed better than Bitcoin ETFs during August. The analysts attributed this previous power to the return of Ethereum, to the return of the return, to the developing regulatory appearance, and the adoption of corporate treasures to a transformation movement.
According to Sosovalue, Bitcoin ETFs in the whole August recorded a net $ 751 million output, while Ethereum ETFs had entered $ 3.87 billion.
Bitcoin price continues to rise
In addition to ETF streams, Bitcoin’s spot price continued to recover this week. When the article was written on Wednesday, Bitcoin was traded at about $ 111,200 after closing the Tuesday over the 100 -day exponential moving average ($ 110,720).
This movement, following about 5 %correction in the previous week, shows that the momentum is balanced. Technical indicators showed that the relative power index (RSI) 45 approached to the level of neutral 50, and the mobile average convergence deviation (MACD) lines approached each other with the fading red histogram. Both signals indicate that the decrease momentum is weakened.
If the recovery continues, analysts suggest that Bitcoin can test $ 116,000, the daily resistance level. However, in case of a correction, prices may return to the support level of around $ 105,573.
Ethereum holds $ 4,232 support
After re -testing the support in $ 4,232, Ethereum experienced a recovery. After a gently jumping on Sunday, crypto asset faced resistance at $ 4,488 on Monday. The next day he was held again with the support of $ 4,232 and was traded on Wednesday at about $ 4,328.
If the $ 4,232 support level continues to hold, Ethereum may try to break the resistance in $ 4,488. A successful closing above this level can prepare the ground for a movement towards $ 4,956, the highest level of the price.
Ripple 
$2.83 By following the wider trend, it rose slightly in parallel with the recovery of Bitcoin and Ethereum.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
