Spot ETFs have seen consecutive net outflows, yet ETH rebounded from its intraday low of 2286 to above 2360.
The 24-hour range is about $80, with the current price near 2324, down 0.5% over 24 hours. Funds are flowing out, but the price hasn't broken down. Bulls and bears are repeatedly trading places within a narrow range. Further below the bottom of the range, some see the area around 2200 as support—about 5% below the current price.
How long will the pressure from ETF outflows last? $ETH
The 24-hour range is about $80, with the current price near 2324, down 0.5% over 24 hours. Funds are flowing out, but the price hasn't broken down. Bulls and bears are repeatedly trading places within a narrow range. Further below the bottom of the range, some see the area around 2200 as support—about 5% below the current price.
How long will the pressure from ETF outflows last? $ETH