ETH is sitting at $2,102, down just 0.4% today, but don't let the quiet fool you. It pushed up to $2,152 and got rejected, then slid down to $2,090. That $2,090 line is doing all the work right now.
The ETFs are not helping. $184.6M flowed out of spot ETH ETFs yesterday, the third day in a row, and BlackRock's ETHA alone lost $119M. Whales are buying the dip on-chain, but the ETF money is still walking out the door.
$BTC is dragging the whole market sideways too, so ETH has no help from the big brother either. If $2,090 breaks, $2,060 from Sunday is next. If it holds, a bounce back to $2,152 is on the table.
Do you think $2,090 holds today, or does it break?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
The ETFs are not helping. $184.6M flowed out of spot ETH ETFs yesterday, the third day in a row, and BlackRock's ETHA alone lost $119M. Whales are buying the dip on-chain, but the ETF money is still walking out the door.
$BTC is dragging the whole market sideways too, so ETH has no help from the big brother either. If $2,090 breaks, $2,060 from Sunday is next. If it holds, a bounce back to $2,152 is on the table.
Do you think $2,090 holds today, or does it break?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
