$ETH Last week, spot ETFs saw net outflows of $542 million. This afternoon, I also entered a short position with a tiny amount. 👀
💡 According to SoSoValue data, U.S. spot Ethereum ETFs saw combined net outflows of about $542 million from October 5 to 9.
My entry price is 2565.22, and my target is 2355.42.
But outflows don’t guarantee this short trade will be profitable; it still depends on how prices move from here. If my stop-loss is hit, I’ll exit as planned and won’t use the news as an excuse to hold on.
💡 According to SoSoValue data, U.S. spot Ethereum ETFs saw combined net outflows of about $542 million from October 5 to 9.
My entry price is 2565.22, and my target is 2355.42.
But outflows don’t guarantee this short trade will be profitable; it still depends on how prices move from here. If my stop-loss is hit, I’ll exit as planned and won’t use the news as an excuse to hold on.