🟣 Article 6: Ethereum — The market is watching the $2,700 zone
Ethereum is moving today around $2,680 after a drop of nearly 1.5% over the past 24 hours. �
The Economic Times
At the same time, Binance showed in its latest data that ETH moved below the $2,700 USDT level in one of the trading sessions. �
Binance
The key point here is that Ethereum is facing two opposing factors:
Positive factor
The continued presence of institutional demand for digital assets and investment products.
Pressuring factor
Ethereum ETF funds recorded $118 million in outflows over the recent period. �
crypto.news
Therefore, it will be important to know whether the outflows are temporary or the beginning of a longer trend.$ETH
#BinanceTurns8
Ethereum is moving today around $2,680 after a drop of nearly 1.5% over the past 24 hours. �
The Economic Times
At the same time, Binance showed in its latest data that ETH moved below the $2,700 USDT level in one of the trading sessions. �
Binance
The key point here is that Ethereum is facing two opposing factors:
Positive factor
The continued presence of institutional demand for digital assets and investment products.
Pressuring factor
Ethereum ETF funds recorded $118 million in outflows over the recent period. �
crypto.news
Therefore, it will be important to know whether the outflows are temporary or the beginning of a longer trend.$ETH
#BinanceTurns8
