Bitcoin traded near $65,350 during early Asian trading on Monday, gaining about 1.4% despite $465 million in U.S. spot ETF outflows across July 23 and 24. This resilience, as Bitcoin avoided a deeper pullback despite fading ETF demand, suggests steady underlying demand. U.S. spot Bitcoin ETFs still show roughly $5.4 billion in net outflows year to date, indicating that institutional sentiment remains cautious. Bitcoin is currently holding support around the $64,000 to $65,000 area, with immediate resistance around $66,000 to $67,000.
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