ETH weekly fund flows: ETFs have seen net outflows for 9 consecutive days, totaling $697 million, while ETH/BTC has slid from 0.032 to 0.0302 😮
Quick take: BTC held above 82,000, but once again failed to break 83,500 today. Honestly, I’ve lost count of how many times it’s tested that level.
$BTC is currently hovering around $83,000, up just 0.3% in 24 hours. According to SoSoValue, Bitcoin ETFs saw $680 million in net outflows last week, ending a three-week streak of inflows. But they brought in $21 million on Friday, a slight rebound. The red line in the chart is 83,500, and the green line is 82,000—price is stuck between them. The European session is about to open, and I’d rather wait for a volume-backed move above 83,500 before jumping in.
$ETH is around 2,500, up 0.2%. In the chart, 2,520 is the red line and 2,470 is the green line. ETH ETFs saw $540 million in outflows last week, their worst week since January. Surprisingly, the price didn’t crash, which caught me off guard. But weak is weak—ETH/BTC is still sliding, and BTC has been holding up better over the past few days.
Key levels:
· Entry zone: BTC around 82,000 / ETH around 2,470
· Resistance: BTC 83,500 / ETH 2,520
· I’m wrong if: BTC falls below 80,400 / ETH falls below 2,400
What do you think will move first in the European session: BTC breaking above 83,500, or ETH falling back to 2,470? Leave your answer in the comments.
⚠️Just my personal rambling—not investment advice.
#以太坊ETF连续9日净流出 #BTC
$BTC
$ETH
Quick take: BTC held above 82,000, but once again failed to break 83,500 today. Honestly, I’ve lost count of how many times it’s tested that level.
$BTC is currently hovering around $83,000, up just 0.3% in 24 hours. According to SoSoValue, Bitcoin ETFs saw $680 million in net outflows last week, ending a three-week streak of inflows. But they brought in $21 million on Friday, a slight rebound. The red line in the chart is 83,500, and the green line is 82,000—price is stuck between them. The European session is about to open, and I’d rather wait for a volume-backed move above 83,500 before jumping in.
$ETH is around 2,500, up 0.2%. In the chart, 2,520 is the red line and 2,470 is the green line. ETH ETFs saw $540 million in outflows last week, their worst week since January. Surprisingly, the price didn’t crash, which caught me off guard. But weak is weak—ETH/BTC is still sliding, and BTC has been holding up better over the past few days.
Key levels:
· Entry zone: BTC around 82,000 / ETH around 2,470
· Resistance: BTC 83,500 / ETH 2,520
· I’m wrong if: BTC falls below 80,400 / ETH falls below 2,400
What do you think will move first in the European session: BTC breaking above 83,500, or ETH falling back to 2,470? Leave your answer in the comments.
⚠️Just my personal rambling—not investment advice.
#以太坊ETF连续9日净流出 #BTC
$BTC
$ETH