ETH plummets: When institutional cash flow turns its back on risky assets
ETH lost the $2,500 mark, retreating to the $2,318 area in the context of increasing macro pressure and net ETF capital outflows.
Macro: US inflation is higher than forecast, which can change Fed interest rate expectations.
Cash flow: ETF withdraws capital weakens demand, increases selling pressure.
Technical: ETH is under the short-term MA lines. The breakdown of support can trigger the liquidation of Long's position.
Risk avoidance psychology can spread to BTC and altcoins, causing volatility to increase and liquidity to weaken. If the selling pressure continues, the market may face a deeper correction.
What needs to be watched is not only how much the price of ETH has decreased, but also the ETF capital flow, the strength of BTC and the resilience of spot demand.
The falling price reflects the current pressure. New cash flow helps determine whether the trend can be reversed.
ETH lost the $2,500 mark, retreating to the $2,318 area in the context of increasing macro pressure and net ETF capital outflows.
Macro: US inflation is higher than forecast, which can change Fed interest rate expectations.
Cash flow: ETF withdraws capital weakens demand, increases selling pressure.
Technical: ETH is under the short-term MA lines. The breakdown of support can trigger the liquidation of Long's position.
Risk avoidance psychology can spread to BTC and altcoins, causing volatility to increase and liquidity to weaken. If the selling pressure continues, the market may face a deeper correction.
What needs to be watched is not only how much the price of ETH has decreased, but also the ETF capital flow, the strength of BTC and the resilience of spot demand.
The falling price reflects the current pressure. New cash flow helps determine whether the trend can be reversed.