ETF Flees by 1 Billion! $ETH Holding Firm at 2500 — Should Retail Investors Cut Their Losses or Buy the Dip?
Brothers, when others are fearful, I’m greedy—but blindly buying the dip is just sending money away.
On the news front, ETH ETF has seen nearly $640 million in outflows over 8 consecutive days, so the capital side is indeed chilly. But on the 1-hour chart, after bottoming at 2405 it V-shaped reversed, and the current price is 2501. MACD has formed a bullish crossover below the zero line, RSI at 67 is nearing overbought, the Bollinger upper band at 2536 is acting as resistance, and the middle band at 2477 is the key support.
Trading strategy: aggressive traders can go long lightly around the current 2500 area, while conservative traders should wait for a pullback to 2470-2480 to enter long.
Personal view: short-term choppy shakeout, but I remain firmly bullish in the medium term. ETF outflows are a lagging indicator, and big players are accumulating while using negative news as cover. Don’t chase pumps or panic sell—only by staying alive can you catch the big move. Follow Gongming, 聊天室 will lead you to profits without getting lost. #以太坊升破2500美元
Brothers, when others are fearful, I’m greedy—but blindly buying the dip is just sending money away.
On the news front, ETH ETF has seen nearly $640 million in outflows over 8 consecutive days, so the capital side is indeed chilly. But on the 1-hour chart, after bottoming at 2405 it V-shaped reversed, and the current price is 2501. MACD has formed a bullish crossover below the zero line, RSI at 67 is nearing overbought, the Bollinger upper band at 2536 is acting as resistance, and the middle band at 2477 is the key support.
Trading strategy: aggressive traders can go long lightly around the current 2500 area, while conservative traders should wait for a pullback to 2470-2480 to enter long.
Personal view: short-term choppy shakeout, but I remain firmly bullish in the medium term. ETF outflows are a lagging indicator, and big players are accumulating while using negative news as cover. Don’t chase pumps or panic sell—only by staying alive can you catch the big move. Follow Gongming, 聊天室 will lead you to profits without getting lost. #以太坊升破2500美元