$ETH Remains under bearish pressure after October’s sell off with ETF outflows weighing on sentiment. However Ethereum’s strong DeFi ecosystem $46B+ in DeFi deposits and growing staking participation support its long term fundamentals. Negative funding also suggests crowded short positioning, creating potential for a short squeeze.

𝗭𝟳𝗬

#ETH #Ethereum #DeFi #CryptoNews #Binance