ETH2700 is hovering around, but for now I’m not treating it as a leading indicator.
Prices are rising, yet ETH’s ETFs have seen outflows for three straight days. On the BTC side, there was a single-day inflow of $103 million. Where is the money really leaning? The data is written more honestly than the candlestick chart.
So for this leg, I’ll treat ETH as a follow-the-rise move, not as an independent trend. Wait until the ETF outflows stop and 2,700 can be held—only then does it have the qualification to talk about “catch-up” gains. Until then, the sharper the rebound, the more cautious I am. #ETH #BTC
Prices are rising, yet ETH’s ETFs have seen outflows for three straight days. On the BTC side, there was a single-day inflow of $103 million. Where is the money really leaning? The data is written more honestly than the candlestick chart.
So for this leg, I’ll treat ETH as a follow-the-rise move, not as an independent trend. Wait until the ETF outflows stop and 2,700 can be held—only then does it have the qualification to talk about “catch-up” gains. Until then, the sharper the rebound, the more cautious I am. #ETH #BTC