#以太坊etf连续9日净流出 Damn, $ETH is still struggling around $2,500, while Wall Street has already pulled money out for nine straight days! ETH could be headed even lower this time! 🚨
Guys, there’s a recent Ethereum data point that really deserves our attention.
From September 29 to October 9, U.S. spot ETH ETFs saw net outflows for nine consecutive trading days, totaling around $697 million!
Nearly $700 million has flowed out, yet the price is still stuck around $2,500. That shows buying pressure really isn’t strong enough.
Think about it: the BTC ETFs are already seeing inflows again, while ETH is still bleeding money. What does that tell you?
Put simply, right now investors would rather choose BTC, with ETH taking a back seat for the time being.
More importantly, ETH has been repeatedly trading around $2,500, the rally lacks sustained volume, and there’s plenty of overhead supply from investors who bought at higher prices.
My view is clear: I remain bearish on ETH in the short term. My first target is $2,300, and my second is $2,155!
A lot of people think that after falling for so long, it has to bounce soon.
But one of the easiest ways to lose money in crypto is to see a price fall a lot and assume it must have bottomed.
Institutional money is still flowing out, while retail investors keep calling for a bottom every day. At a time like this, I’d rather trust the flow of funds.
Of course, ETF outflows don’t mean every institution is selling, and this data point alone can’t determine the market’s direction. But it does reflect weaker investment demand recently.
What ETH needs most right now isn’t good news—it’s buyers who are genuinely willing to step in.
My view in one sentence: $2,500 isn’t the bottom in my eyes. $2,300 is the key level to watch next!
Don’t just focus on buying the dip—first, see when Wall Street’s money comes back. 😂
$ETH $BTC
#以太坊 #以太坊ETF连续9日净流出
👇 Click the link below to go straight there!
Guys, there’s a recent Ethereum data point that really deserves our attention.
From September 29 to October 9, U.S. spot ETH ETFs saw net outflows for nine consecutive trading days, totaling around $697 million!
Nearly $700 million has flowed out, yet the price is still stuck around $2,500. That shows buying pressure really isn’t strong enough.
Think about it: the BTC ETFs are already seeing inflows again, while ETH is still bleeding money. What does that tell you?
Put simply, right now investors would rather choose BTC, with ETH taking a back seat for the time being.
More importantly, ETH has been repeatedly trading around $2,500, the rally lacks sustained volume, and there’s plenty of overhead supply from investors who bought at higher prices.
My view is clear: I remain bearish on ETH in the short term. My first target is $2,300, and my second is $2,155!
A lot of people think that after falling for so long, it has to bounce soon.
But one of the easiest ways to lose money in crypto is to see a price fall a lot and assume it must have bottomed.
Institutional money is still flowing out, while retail investors keep calling for a bottom every day. At a time like this, I’d rather trust the flow of funds.
Of course, ETF outflows don’t mean every institution is selling, and this data point alone can’t determine the market’s direction. But it does reflect weaker investment demand recently.
What ETH needs most right now isn’t good news—it’s buyers who are genuinely willing to step in.
My view in one sentence: $2,500 isn’t the bottom in my eyes. $2,300 is the key level to watch next!
Don’t just focus on buying the dip—first, see when Wall Street’s money comes back. 😂
$ETH $BTC
#以太坊 #以太坊ETF连续9日净流出
👇 Click the link below to go straight there!