Bitcoin holds near $77,700 as ETF outflows signal weakening support

Bitcoin remained near the $77,700 level as selling pressure and a challenging macroeconomic environment prevented a sustained recovery above $80,000. Analysts pointed to the upcoming US Federal Reserve decision, elevated market volatility, and critical support levels around $76,000 and $71,000 as key factors shaping price movement.

ETF outflows and mixed signals from on-chain and retail investor sentiment indicated growing caution in the crypto market. The combination of weakening technical support and uncertain macro conditions suggested limited momentum for further gains in the near term.