The daily flow of Bitcoin ETF: Fidelity sees $ 35.3 million – major visions of encryption traders | Flash news details

From the trading perspective, the flow of $ 35.3 million to ETF from the Bitcoin from Fidelity on May 9, 2025, can have immediate effects on the immediate price of Bitcoin and relevant trading couples. Historically, large ETF flows are associated with the pressure of upward prices on bitcoin, as shown in similar events earlier this year. For example, the Bitcoin price increased from $ 42,000 to $ 45,000 between January 10 and January 15, 2025, after large ETF flows. As of May 9, 2025, at 10:00 am World time, Bitcoin was trading at $ 62,350 on Binance, an increase of 1.8 percent in the past 24 hours, with a 12 percent trading volume to $ 1.2 billion through major pairs such as BTC/USDT and BTC/ETH. This increase in the folder indicates that ETF flow news may be already priced, but also opens opportunities for Altcoins with a strong bitcoin connection, such as ETHEREUM (ETH), which was traded at $ 2,990, an increase of 1.5 percent of the same time. Traders must also monitor encryption stocks such as Microstrategy (MSTR), which gained 2.3 percent to $ 1,280 on May 8, 2025, reflecting a positive luster of Bitcoin power. It is clear here to the interaction between the appetite of the stock market risks and the encryption flows here, as the institutional funds that flow to the investment funds circulated in Bitcoin often reduce the aversion to the risk, which may benefit from high -house encryption assets. For swing merchants, this may be a sign of introducing long sites on BTC/USDT with a loss of less than $ 60,000 USD, and targeting resistance at $ 64,000.
Dive into technical indicators and market relationships, the Bitcoin (RSI) relative index stood on the daily chart at 58 as of May 9, 2025, at 10:00 AM UTC, indicating a room for more bullish trend before excessive conditions in its presence. The mobile average for 50 days (MA) at $ 60,500 provides strong support, while the MA MA 200 days at $ 58,200 is working as a secondary temporary store. The scales on the series of Glassnode show a 15 percent increase in Bitco Wallet addresses that have more than 1 BTC since May 1, 2025, indicating the accumulation of larger players, probably driven by ETF confidence. The trading volume of Bitcoin ETF shares also increased, as the Fidelity Fund recorded a 20 percent increase in the daily traded shares on May 9, 2025, compared to the previous week, according to Farside investor data. The link across the market is still important, as Bitcoin shows a 0.6 correlation coefficient with S&P 500 over the past thirty days, which means that the stability of the stock market supports encryption gains. However, the sudden stagnation in the stocks may lead to a lack of risks, which affects bitcoin momentum. The flow of institutional funds often works, as it becomes clear from the flow of sincerity, as a leading fragmentation indicator, which increased by 8 percent in stock exchanges such as Coinbase between May 8 and May 9, 2025. For daytime traders, the main levels of viewing include instant Bitcoin resistance at $ 63,000 USD and supported at 61,500 USD. Nexus Crypto Stock is still a decisive factor, as flows in the investment funds traded in Bitcoin can amplify the bullish capabilities while exposing the market to the fluctuations driven by the stocks.
In short, Fidelity Bitcoin ETF is 35.3 million USD on May 9, 2025, institutional confidence and creates practical trading opportunities. The relationship between securities market movements and encryption assets remains clear, with Bitcoin benefiting from mixed shares and risks. Traders must take advantage of technical indicators, data on the chain, and volume trends to navigate in this dynamic scene, while monitoring each of the coding stimuli and the broader financial market developments to make enlightened decisions.
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