Bitcoin faces resistance as ETF flows rebound unevenly

Glassnode identifies $84,000–$85,000 as a repeatedly tested resistance zone, with potential break-even selling from long-term holders; its dated onchain signals do not predict price direction. Bitcoin ETF inflows reportedly improved and October returned slightly positive, while Ether ETFs continued to see outflows. Flows and the hawkish Fed backdrop are short-term signals, not proof of durable demand.