Evening check on Ethereum — the ETF bleed just jumped back, and $2,000 is still the line that matters.
$ETH is at $2,045, down 0.7% in 24 hours. $BTC is down 0.5% — so ETH is still tracking Bitcoin almost step for step. That is a big change from yesterday, when ETH fell nearly twice as fast as BTC.
The fresh number that matters:
• US spot ETH ETFs lost $144.8M yesterday — the fifth straight day of outflows, and about 110 times bigger than the day before.
• BlackRock's ETHA alone lost $129.8M, almost 90% of the total.
• Fear & Greed is 28 — still fear, a touch lower than yesterday's 29.
• ETH's range today: $2,036 to $2,104. The low is higher than yesterday's $2,006.
Levels into tomorrow: support $2,036 and $2,000. Resistance $2,104 and $2,152.
Five days of outflows, about $696M gone in November alone — and ETH is still moving with Bitcoin. Is $2,000 the floor until the money turns around?
Not financial advice.
#Ethereum #ETH #Crypto
$ETH is at $2,045, down 0.7% in 24 hours. $BTC is down 0.5% — so ETH is still tracking Bitcoin almost step for step. That is a big change from yesterday, when ETH fell nearly twice as fast as BTC.
The fresh number that matters:
• US spot ETH ETFs lost $144.8M yesterday — the fifth straight day of outflows, and about 110 times bigger than the day before.
• BlackRock's ETHA alone lost $129.8M, almost 90% of the total.
• Fear & Greed is 28 — still fear, a touch lower than yesterday's 29.
• ETH's range today: $2,036 to $2,104. The low is higher than yesterday's $2,006.
Levels into tomorrow: support $2,036 and $2,000. Resistance $2,104 and $2,152.
Five days of outflows, about $696M gone in November alone — and ETH is still moving with Bitcoin. Is $2,000 the floor until the money turns around?
Not financial advice.
#Ethereum #ETH #Crypto
