$ETH
ETF flows are retreating: U.S. spot ETFs saw about $320 million in net outflows last week, exceeding BTC’s outflows for the same week.
BlackRock’s ETHA saw about $299 million in outflows in a single week; ETH products have seen net outflows for three straight weeks, totaling around $1 billion.
The current price is around 2,369, down about 1.9% over 24 hours, and still stuck in a range of roughly 2,355–2,430.
Bias: Bearish and waiting on the sidelines. Consider going long only if net inflows turn positive or the price breaks above the range on strong volume.
Aggressive: If a rebound to 2,420–2,430 loses steam, consider a small short position. Stop-loss at 2,480 (about +2.3%); initial target at 2,300.
Conservative: Wait for weekly ETF net inflows to confirm before re-entering. Manage your own stop-loss and position size; initial target around 2,500.
Would you watch daily ETF flows first, or wait for the price to break out of the range before acting?
Note: This analysis is for reference only and does not constitute investment advice!
#ETH
#ETF
ETF flows are retreating: U.S. spot ETFs saw about $320 million in net outflows last week, exceeding BTC’s outflows for the same week.
BlackRock’s ETHA saw about $299 million in outflows in a single week; ETH products have seen net outflows for three straight weeks, totaling around $1 billion.
The current price is around 2,369, down about 1.9% over 24 hours, and still stuck in a range of roughly 2,355–2,430.
Bias: Bearish and waiting on the sidelines. Consider going long only if net inflows turn positive or the price breaks above the range on strong volume.
Aggressive: If a rebound to 2,420–2,430 loses steam, consider a small short position. Stop-loss at 2,480 (about +2.3%); initial target at 2,300.
Conservative: Wait for weekly ETF net inflows to confirm before re-entering. Manage your own stop-loss and position size; initial target around 2,500.
Would you watch daily ETF flows first, or wait for the price to break out of the range before acting?
Note: This analysis is for reference only and does not constitute investment advice!
#ETH
#ETF