ETF flows post-CPI bloodbath tell the real story:
$BTC: +$5.1M
Barely positive. $IBIT carrying with +$16.8M while others bled out.
$ETH: -$60.3M
$ETHA dumped $44.4M, $ETHE another $18.3M. That's 12 red days out of 13 since Sept 29.
The bounce? It's $BTC only and paper thin. $ETH holders are capitulating hard. Institutions aren't buying the ETH narrative right now.
If you're long $ETH, you're fighting the tape.
$BTC: +$5.1M
Barely positive. $IBIT carrying with +$16.8M while others bled out.
$ETH: -$60.3M
$ETHA dumped $44.4M, $ETHE another $18.3M. That's 12 red days out of 13 since Sept 29.
The bounce? It's $BTC only and paper thin. $ETH holders are capitulating hard. Institutions aren't buying the ETH narrative right now.
If you're long $ETH, you're fighting the tape.