๐จ TRENDING: ETH ETF Outflows | ๐จ$ETH
๐ US spot ETH ETFs lost $542.1M last week, 9 straight days of outflows ($697.2M total)
๐ฆ BlackRock's ETHA drove ~88% of the exits
๐ง ETH ETF assets are down 10% to $15.71B
โฟ BTC ETFs turned positive (+$21M), so the weakness is ETH-specific
๐ ETH ~$2,497:
๐ด Resistance: $2,518 (50-day EMA), then $2,600
๐ข Support: $2,301
โ ๏ธ RSI ~40, volume thin, shorts leading
๐ข๏ธ Ukraine's strike on Russia's Samara oil hub adds geopolitical risk.
๐ Below $2,518 ETH stays weak. A break of $2,301 raises the risk of more selling.
๐ฌ Is this a buying dip or a warning sign? ๐
#Ethereum #ETH #ETFs #Bitcoin #BinanceSquare
โ ๏ธ Not financial advice. DYOR.
๐ US spot ETH ETFs lost $542.1M last week, 9 straight days of outflows ($697.2M total)
๐ฆ BlackRock's ETHA drove ~88% of the exits
๐ง ETH ETF assets are down 10% to $15.71B
โฟ BTC ETFs turned positive (+$21M), so the weakness is ETH-specific
๐ ETH ~$2,497:
๐ด Resistance: $2,518 (50-day EMA), then $2,600
๐ข Support: $2,301
โ ๏ธ RSI ~40, volume thin, shorts leading
๐ข๏ธ Ukraine's strike on Russia's Samara oil hub adds geopolitical risk.
๐ Below $2,518 ETH stays weak. A break of $2,301 raises the risk of more selling.
๐ฌ Is this a buying dip or a warning sign? ๐
#Ethereum #ETH #ETFs #Bitcoin #BinanceSquare
โ ๏ธ Not financial advice. DYOR.