US spot Ethereum ETFs recorded approximately $72.5 million in net outflows on October 8, extending the withdrawal streak to eight sessions. This may put pressure on ETH demand.
3. Liquidations increase volatility
Roughly $330 million in ETH long positions were liquidated during the reported 24-hour period, suggesting leveraged buyers faced significant losses.
ETH market outlook
Indicative ETH price $2,497
Bullish signal
Above $2,550
Bearish risk
Below $2,470
These are watch levels, not confirmed support or resistance. Prices can change quickly.
My view: ETH looks under pressure in the short term because of ETF outflows and liquidations. Wait for confirmation from the Binance ETH/USDT chart before making a trade. Crypto prices are volatile, so avoid risking money you cannot afford to lose.
Would you like ETH chart analysis in Urdu or today's ETH buy/sell signals?
$ETH
3. Liquidations increase volatility
Roughly $330 million in ETH long positions were liquidated during the reported 24-hour period, suggesting leveraged buyers faced significant losses.
ETH market outlook
Indicative ETH price $2,497
Bullish signal
Above $2,550
Bearish risk
Below $2,470
These are watch levels, not confirmed support or resistance. Prices can change quickly.
My view: ETH looks under pressure in the short term because of ETF outflows and liquidations. Wait for confirmation from the Binance ETH/USDT chart before making a trade. Crypto prices are volatile, so avoid risking money you cannot afford to lose.
Would you like ETH chart analysis in Urdu or today's ETH buy/sell signals?
$ETH