Let’s break down this news:
① What happened: U.S. spot Ethereum ETFs saw net outflows of $161 million in a single day.
② Why it matters: The news is bearish, and sentiment and leveraged funds are likely to feel the impact first. The key is whether the selling pressure is released all at once or builds gradually.
③ What I’ll watch: Whether funding rates become one-sided, and whether coins in the same sector follow suit.
④ How to respond: Don’t rush to buy the dip. Wait for the selling pressure to clear and the candlesticks to stabilize before reassessing.
At the end of the day, $ETH is currently at 2573.84, down 1.78% over 24 hours, with an intraday range of 2538.06–2622.04.
What’s your case for going long or short?
#ETH
These are only my personal views. Make your own decisions when buying or selling.
① What happened: U.S. spot Ethereum ETFs saw net outflows of $161 million in a single day.
② Why it matters: The news is bearish, and sentiment and leveraged funds are likely to feel the impact first. The key is whether the selling pressure is released all at once or builds gradually.
③ What I’ll watch: Whether funding rates become one-sided, and whether coins in the same sector follow suit.
④ How to respond: Don’t rush to buy the dip. Wait for the selling pressure to clear and the candlesticks to stabilize before reassessing.
At the end of the day, $ETH is currently at 2573.84, down 1.78% over 24 hours, with an intraday range of 2538.06–2622.04.
What’s your case for going long or short?
#ETH
These are only my personal views. Make your own decisions when buying or selling.