Yes — $ETH is showing some resilience, but the signal is not fully bullish yet.
🌍 Global risk is elevated as geopolitical tensions and higher energy prices keep inflation and rate-hike concerns alive.
Reuters +1
🟢 ETH has been holding around the $2,400–$2,450 area, despite the broader risk-off pressure.
💰 More importantly, U.S. spot ETH ETFs recently recorded their 12th consecutive day of net inflows, suggesting institutional demand hasn't disappeared even during the pullback.
⚠️ However, ETH remains vulnerable if global yields and geopolitical risk continue rising. A sustained hold above $2,400 would make the resilience more convincing.
Bottom line: ETH is showing relative strength, but the next confirmation would be renewed buying pressure while global risk remains elevated.
#IranStrikesUSBaseInKuwait #CFTCSeeksToDismissCMEMotionInPerpFutures #DellSurges8%OnEarningsBeat
🌍 Global risk is elevated as geopolitical tensions and higher energy prices keep inflation and rate-hike concerns alive.
Reuters +1
🟢 ETH has been holding around the $2,400–$2,450 area, despite the broader risk-off pressure.
💰 More importantly, U.S. spot ETH ETFs recently recorded their 12th consecutive day of net inflows, suggesting institutional demand hasn't disappeared even during the pullback.
⚠️ However, ETH remains vulnerable if global yields and geopolitical risk continue rising. A sustained hold above $2,400 would make the resilience more convincing.
Bottom line: ETH is showing relative strength, but the next confirmation would be renewed buying pressure while global risk remains elevated.
#IranStrikesUSBaseInKuwait #CFTCSeeksToDismissCMEMotionInPerpFutures #DellSurges8%OnEarningsBeat
