Over the past few days, money has again been leaving U.S. ETH ETFs.
Total outflow is already around $118 million.
At first glance — a bearish signal.
But look at the price.
ETH is still holding around $2,670 and has not seen the kind of drop you would expect after such an outflow.
Now that’s interesting.
Because it turns out to be a strange picture:
money is exiting the ETF → sellers are pressuring → but ETH still holds the $2,650 area.
For me, right now, this is the key zone.
If $2,650 holds, I want to see whether ETH can take back $2,750–2,800 again.
If $2,650 breaks and the price holds below, then I’d already be looking much lower and wouldn’t try to catch a falling knife.
And one more thing:
ETH has already shown a very strong rise over the past few months.
So right now I’m much more interested not in the question:
“Will ETH go up or down?”
And the question:
“Who’s stronger right now — the seller withdrawing funds from an ETF, or the buyer taking ETH at these prices?”
That’s what we’ll find out with the next move.
$2,650 or $2,800 — which zone will be taken first? 👀
