$ETH Now near $1,914, down 1.35% over the past 24 hours. Today’s low is $1,878, and that’s the most important level right now — if it breaks, the next stop is toward $1,850. Resistance is at $1,989.
But there’s some good news. US spot ETH ETFs saw $2.36M in inflows yesterday, turning positive for the first time after 6 straight days of outflows. Fidelity’s FETH alone brought in $11.64M. RSI is now at 23, which means the market is deep in oversold territory.
$BTC is also under pressure, near $67,000, so $ETH has to fight on its own. Down about 14% over the past 7 days. $ETH
My take: Oversold conditions and the first ETF inflows both favor a bounce, but downside risk remains until $1,878 holds.
Do you think $1,878 will hold, or will it test $1,850?
Not a buy or sell recommendation, just market news. This is not financial advice.
#Bitcoin #Ethereum #Crypto
But there’s some good news. US spot ETH ETFs saw $2.36M in inflows yesterday, turning positive for the first time after 6 straight days of outflows. Fidelity’s FETH alone brought in $11.64M. RSI is now at 23, which means the market is deep in oversold territory.
$BTC is also under pressure, near $67,000, so $ETH has to fight on its own. Down about 14% over the past 7 days. $ETH
My take: Oversold conditions and the first ETF inflows both favor a bounce, but downside risk remains until $1,878 holds.
Do you think $1,878 will hold, or will it test $1,850?
Not a buy or sell recommendation, just market news. This is not financial advice.
#Bitcoin #Ethereum #Crypto
