🔵 Ethereum at $2,400 – Outflows vs Momentum
$ETH is trading near the closely watched $2,400 level while exchange outflows reach multi-month highs.
Traders note the higher-timeframe structure still looks intact for many, but short-term pressure from BTC is keeping momentum in check.
The battle between improving on-chain flows and broader market caution is the main story right now.
#Ethereum #Altcoins
$ETH is trading near the closely watched $2,400 level while exchange outflows reach multi-month highs.
Traders note the higher-timeframe structure still looks intact for many, but short-term pressure from BTC is keeping momentum in check.
The battle between improving on-chain flows and broader market caution is the main story right now.
#Ethereum #Altcoins