Nov 14: ETH’s downtrend continues; sell the rebound
【Today’s Strategy】
Entry: If the price rebounds to the 1925–1945 zone
Stop-loss: 1965
Take-profit targets:
Target 1: 1895–1900
Target 2: 1875–1855
【Key Takeaways】
However, safe-haven funds are not flowing into crypto markets right now. ETH is still being priced as a high-risk asset, and weaker risk appetite weighs more heavily on it. In financial markets, tech stocks remained under pressure, with the Nasdaq leading losses and risk appetite staying subdued. On-chain and fund flows: spot BTC ETFs saw net outflows for the 6th consecutive trading day. Although the daily outflow shrank sharply from around 300 million to around 47.7 million, easing selling pressure at the margin, flows have yet to turn positive. Spot ETH ETFs had also seen sustained outflows, and institutions are still on the sidelines, leaving ETH without independent support from fund flows. ETH hit a low of 1875 today, and its weak trend remains intact. A trend-driven crash is unlikely from current levels; a pattern of “decline — weak rebound — further decline” is more likely. So don’t chase the bottom—wait for a rebound into the 1925–1945 resistance zone before shorting, for a better risk/reward ratio. #ETH #Crypto and U.S. stocks both fall—what will drive the next rebound?
【Today’s Strategy】
Entry: If the price rebounds to the 1925–1945 zone
Stop-loss: 1965
Take-profit targets:
Target 1: 1895–1900
Target 2: 1875–1855
【Key Takeaways】
However, safe-haven funds are not flowing into crypto markets right now. ETH is still being priced as a high-risk asset, and weaker risk appetite weighs more heavily on it. In financial markets, tech stocks remained under pressure, with the Nasdaq leading losses and risk appetite staying subdued. On-chain and fund flows: spot BTC ETFs saw net outflows for the 6th consecutive trading day. Although the daily outflow shrank sharply from around 300 million to around 47.7 million, easing selling pressure at the margin, flows have yet to turn positive. Spot ETH ETFs had also seen sustained outflows, and institutions are still on the sidelines, leaving ETH without independent support from fund flows. ETH hit a low of 1875 today, and its weak trend remains intact. A trend-driven crash is unlikely from current levels; a pattern of “decline — weak rebound — further decline” is more likely. So don’t chase the bottom—wait for a rebound into the 1925–1945 resistance zone before shorting, for a better risk/reward ratio. #ETH #Crypto and U.S. stocks both fall—what will drive the next rebound?
