The decline in BTC-ETF outflows suggests a weakening of bearish sentiment, though the continued negative balance indicates persistent selling pressure. Some investors may be locking in profits following Bitcoin's recent rally, while others could be reallocating assets to different instruments.

In contrast, the modest inflow into ETH-ETFs signals a renewed interest in Ethereum. Although the volume remains low, it could mark an early trend reversal after weeks of outflows. This shift may reflect optimism about Ethereum's upcoming network upgrades and the continued growth of the DeFi sector.

Overall, ETF trends highlight a cautious optimism in the crypto market. Investors remain selective, favoring diversification and risk management. The next developments will largely depend on macroeconomic conditions, regulatory news, and broader market sentiment.

Michael Saylor's Statements Boost Market Confidence

Amid this uncertainty, Michael Saylor, CEO of MicroStrategy, provided reassurance to investors. The company is expected to resume Bitcoin purchases this week, which is likely to be perceived positively by traders. Large-scale institutional buying tends to improve market sentiment and boost confidence in long-term price appreciation.

Additionally, Saylor reaffirmed his strong commitment to Bitcoin, referring to it as "digital gold" and the best store of value in today's financial landscape. His confidence in Bitcoin's future, despite recent market volatility, was interpreted as a signal of stability and long-term growth potential. The fact that MicroStrategy continues to accumulate BTC indicates that the firm sees further upward potential, despite existing volatility.

This move could also act as a catalyst for other institutional investors, many of whom may have adopted a wait-and-see approach. The resumption of MicroStrategy's Bitcoin purchases, combined with Saylor's bullish rhetoric, creates a favorable backdrop for Bitcoin's continued price appreciation.

Technical Analysis: Bitcoin (BTC/USD)

Buyers are now aiming for a break above $96,200, which would pave the way for a move towards $97,400 and further upside to $98,800. The final target is the $100,200 resistance, where a breakout would confirm a return to a medium-term bullish market.

In the event of a decline, buyers are expected to step in at $95,100. A drop below this level could accelerate losses towards $93,900, followed by a potential test of $92,700. The most significant downward target would be $91,900.

Technical Analysis: Ethereum (ETH/USD)

A clear breakout above $2,751 would open the door for Ethereum to test the $2,800 level. The main upward target is the yearly high at $2,855, and a successful breakout above this zone would signal a return to a medium-term bullish market.

However, in the event of a pullback, buyers are expected at $2,685. A drop below this level could send ETH towards $2,637, with a further downward target at $2,587.