What is BTCUSD today and how is it trading?

BTCUSD today is near $78,648 after a sharp drop, trading below the 50-day average at $89,814 and the 200-day at $104,526. RSI around 49 is neutral, while volatility is elevated. A close back above $80.7k and $83.4k would improve the tone and reduce downside pressure.

Which Bitcoin support levels matter now?

Watch $80,700 and $83,400 as key areas that need to be reclaimed. Near-term support sits around $75,644 intraday and the yearly low at $74,421. Regaining the $88,700–$89,800 zone, which aligns with mid-band and 50-day averages, would further strengthen the recovery case.

How do Bitcoin ETF flows affect price action?

Bitcoin ETF flows drive spot demand. Outflows can pressure price, while steady inflows support rebounds. Stabilizing flows are constructive, but conviction matters. Sustained positive prints during US trading hours often improve liquidity and depth, helping BTC hold reclaimed levels and reducing follow-through selling on dips.

What does a bearish options skew tell traders?

A bearish options skew means puts are priced richer than calls, signaling demand for downside protection. That can weigh on spot because hedging flows often sell rallies. When skew normalizes and risk reversals flatten, it suggests hedging pressure is easing, which typically improves the probability of trend continuation higher.

What should Swiss investors watch besides price?

Track Bitcoin ETF flows, funding rates, and open interest for healthier risk conditions. Monitor daily closes versus $80.7k, $83.4k, and the $88.7k–$89.8k zone. Consider USD/CHF moves, since FX can impact CHF returns. Keep position sizes modest until flows and closes confirm a firmer trend.

Global Market Insights

BTCUSD Today, February 4: On-Chain Support Test, ETF Flows Stabilize

ByDanny Kontos February 4, 2026February 4, 2026

BTCUSD today, February 4, trades near $78,648 after a sharp pullback. Swiss investors are watching Bitcoin support levels around $83.4k–$80.7k as Bitcoin ETF flows show signs of stabilizing. With options skew still bearish and leverage muted, downside sensitivity remains elevated unless demand improves. Any rebound likely needs stronger spot bids and a clean reclaim of nearby resistance. We outline price context, flows, derivatives signals, and practical steps for CHF-based portfolios seeking disciplined exposure to BTCUSD today.