Bitcoin nears $77K amid $352M ETF outflows and rising market fear, signaling weakening demand and caution.

Bitcoin traded near $77,173 as ETF outflows in US spot products exceeded $352 million, showing weakening institutional demand. The Crypto Fear and Greed Index dropped sharply from 62 to 31, indicating a shift from greed to fear among traders amid macroeconomic uncertainty. Futures open interest declined, reflecting reduced leverage and cautious positioning, while the Coinbase Premium stayed negative, signaling weaker US demand compared to global activity. Technical indicators suggest Bitcoin could fall toward $70,000 support if selling pressure increases, though a breakout above resistance could target $85,000. Overall, market sentiment and liquidity conditions point to a fragile short-term outlook for Bitcoin.