Bitcoin price reclaims $95K as U.S. spot BTC ETFs record $753M in inflows

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Source: CryptoNewsNet Original Title: Bitcoin price reclaims $95K as U.S. spot BTC ETFs record $753M in inflows Original Link: https://cryptonews.net/news/bitcoin/32274037/ Bitcoin moved back above the $95,000 level on Wednesday as strong spot exchange-traded fund demand and easing futures sell pressure helped steady market sentiment after weeks of heavy volatility.

Summary

  • Bitcoin reclaimed short-term momentum as spot volume and open interest rose together.
  • Spot Bitcoin ETFs recorded their largest daily inflow in three months.
  • Technical structure favors continuation if support in the low $90,000s holds.

At press time, Bitcoin was trading around $95,033, up 3.2% over the past 24 hours. The asset has gained roughly 6% over the past month, though it remains 26% below its October 2025 peak of $120,080.

Trading Activity Surge

Trading activity picked up sharply. Bitcoin’s (BTC) 24-hour trading volume jumped nearly 60% to $68 billion, pointing to renewed participation across both spot and derivatives markets. Data shows that while open interest increased by almost 6% to $64 billion, derivatives volume increased by 29% to $110.3 billion.

Rather than traders lowering their exposure, rising open interest and volume often signify the introduction of new positions into the market. In this case, it indicates that after a recent flush, leverage is rebuilding, which could amplify price movements in either direction.

Spot ETF Inflows Provide Key Support

Spot ETF flows provided a key tailwind. U.S. spot Bitcoin ETFs recorded $753.7 million in net inflows on Jan. 13, the largest single-day total in three months.

Leading providers recorded significant inflows, with the largest flows concentrated among major institutional players. Additional inflows were recorded across multiple ETF providers, including emerging Bitcoin Mini ETF products.

ETF inflows matter because they represent direct spot buying rather than leveraged exposure. Sustained inflows reduce available supply on exchanges and often support price during pullbacks, especially when retail activity is muted.

Separate data shows selling pressure from futures markets has eased sharply. Metrics tracking whether buyers or sellers dominate futures order books have improved significantly, falling from monthly average lows to more modest negative levels. The imbalance has sharply decreased, even though sellers still slightly outnumber buyers. This change, which has been accompanied by more stable price action, indicates that traders are becoming less aggressive on the sell side.

Bitcoin Price Technical Analysis

From a technical perspective, Bitcoin has reclaimed its short-term structure. Price is now holding above the 10-day, 20-day, and 50-day moving averages, which cluster between the low $90,000s and are acting as layered support.

Bulls must protect this area because a daily close below it would undermine the current rebound.

On the upside, immediate resistance sits near $96,000–$97,000, where the 100-day moving average comes into play. A move toward the psychological $100,000 level, around where the 200-day average is located, would be possible with a clear break and hold above this region.

After a period of tight compression, Bollinger Bands are beginning to widen, which is often an indication that volatility is returning. Price is trading in the upper half of the band, which favors continuation as long as support holds.

Momentum indicators are not stretched, but they lean positive. The relative strength index is close to 65, indicating strength without being overstretched. Although momentum indicators remain in constructive territory, shorter-term oscillators suggest that there might be short pauses after the recent push.

For now, traders will be watching whether Bitcoin can continue to print higher lows above the short-term averages. Holding that structure keeps upside levels in play, while a loss of support would likely pull price back into consolidation.

BTC4.03%
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