ETH is doing something I’m actually paying attention to 👀
It’s sitting around $2.7K right now.
Nothing crazy on the chart today. No massive candle. No “ETH TO $10K TOMORROW” stuff.
But that’s exactly why I’m watching it.
ETH had a huge Q3 — almost +70%, outperforming BTC during the quarter. But underneath that rally, liquidity has become thinner, and recently the U.S. spot ETH ETFs have been seeing money leave rather than come in.
The latest five trading days saw roughly $138M in net ETH ETF outflows.
So there’s a pretty interesting battle happening here:
Price is holding up.
But ETF flows aren't looking great.
That makes me wonder which one wins next.
For me, I’m watching the $2,740 area first.
If ETH can break that and actually hold above it, I’d be interested in seeing whether the move can extend toward $2.8K–$3K.
If it keeps getting rejected around there, I wouldn't be surprised to see ETH cool off and retest lower levels.
I'm not calling either direction yet.
Just watching.
Sometimes the best trade is waiting until the chart actually shows you what it wants to do.
ETH bulls — are you still confident here, or are you waiting for confirmation? 👇
$ETH
#ETHUp70%InQ3ButLiquidityFalls #ETH #Ethereum #ETHUSDT #BinanceSquare #Crypto #Altcoins #EthereumNews
It’s sitting around $2.7K right now.
Nothing crazy on the chart today. No massive candle. No “ETH TO $10K TOMORROW” stuff.
But that’s exactly why I’m watching it.
ETH had a huge Q3 — almost +70%, outperforming BTC during the quarter. But underneath that rally, liquidity has become thinner, and recently the U.S. spot ETH ETFs have been seeing money leave rather than come in.
The latest five trading days saw roughly $138M in net ETH ETF outflows.
So there’s a pretty interesting battle happening here:
Price is holding up.
But ETF flows aren't looking great.
That makes me wonder which one wins next.
For me, I’m watching the $2,740 area first.
If ETH can break that and actually hold above it, I’d be interested in seeing whether the move can extend toward $2.8K–$3K.
If it keeps getting rejected around there, I wouldn't be surprised to see ETH cool off and retest lower levels.
I'm not calling either direction yet.
Just watching.
Sometimes the best trade is waiting until the chart actually shows you what it wants to do.
ETH bulls — are you still confident here, or are you waiting for confirmation? 👇
$ETH
#ETHUp70%InQ3ButLiquidityFalls #ETH #Ethereum #ETHUSDT #BinanceSquare #Crypto #Altcoins #EthereumNews
