$ETH now has returned to around $2,670
The price still hasn’t broken out of the choppy range of $2,600–$2,800.
But last week saw a very clear change.
In the U.S., spot $ETH ETF recorded a net inflow of $689.9 million over one week, whereas the week before that was still a net outflow of about $140 million.
A资金 shift of nearly $830 million suggests that institutional capital hasn’t completely exited because of the recent adjustment ahead of ETH.
BTC is still fighting for $83,000, and ETH is still capped below $2,800.
Going forward, if $BTC can regain and hold its ground, then what ETH needs to look at is whether $2,800 can break back through. Once this level is reclaimed, the market will truly shift from consolidation to an upside push.
The price still hasn’t broken out of the choppy range of $2,600–$2,800.
But last week saw a very clear change.
In the U.S., spot $ETH ETF recorded a net inflow of $689.9 million over one week, whereas the week before that was still a net outflow of about $140 million.
A资金 shift of nearly $830 million suggests that institutional capital hasn’t completely exited because of the recent adjustment ahead of ETH.
BTC is still fighting for $83,000, and ETH is still capped below $2,800.
Going forward, if $BTC can regain and hold its ground, then what ETH needs to look at is whether $2,800 can break back through. Once this level is reclaimed, the market will truly shift from consolidation to an upside push.