On November 4, $ETH spot Ethereum ETFs recorded net outflows for six consecutive days. Redemptions from leading institutional products increased, while fresh capital remained scarce. The situation in the Middle East remains volatile, with the risk of escalating conflict between the U.S. and Iran persisting. Uncertainty over shipping through the Strait of Hormuz is fueling inflation expectations, while declining global risk appetite is intensifying safe-haven outflows.
【Today's Strategy】
Entry range: Sell on a rebound to 2270–2280
Stop-loss: Above 2305
Take-profit:
Targets: 2250–2236
【Key Rationale】
On the 60-minute chart, price is in a clearly defined downtrend, with both highs and lows moving lower. The 2270–2280 area is a high-volume resistance zone within the decline, where selling pressure from trapped holders is concentrated. The rebound is occurring on declining volume, with little buying support, so a pullback under resistance is likely. Ethereum is more sensitive to risk than Bitcoin. Persistent high interest rates and rising geopolitical risks are creating a double headwind, while downside momentum has more room to play out. #btc #美国10月非农出炉：降息还有戏吗？
【Today's Strategy】
Entry range: Sell on a rebound to 2270–2280
Stop-loss: Above 2305
Take-profit:
Targets: 2250–2236
【Key Rationale】
On the 60-minute chart, price is in a clearly defined downtrend, with both highs and lows moving lower. The 2270–2280 area is a high-volume resistance zone within the decline, where selling pressure from trapped holders is concentrated. The rebound is occurring on declining volume, with little buying support, so a pullback under resistance is likely. Ethereum is more sensitive to risk than Bitcoin. Persistent high interest rates and rising geopolitical risks are creating a double headwind, while downside momentum has more room to play out. #btc #美国10月非农出炉：降息还有戏吗？
