$ETH
is trading around $2,611, down about 3.3% over the last 24 hours.Ethereum is reacting to fresh US spot ETF outflows.
On Oct 6, funds shed roughly 21,432 ETH (~$58M), with BlackRock’s ETHA and Fidelity’s FETH leading the redemptions.
That extends a multi-session outflow streak of about $206M since late September, while price is still holding near the $2,600 area after a dip from the $2,720 zone.
Key level: $2,600
A hold keeps the recent range intact.
A clean break opens $2,550 next. Reclaiming $2,720 is the first hurdle back up.
#Ethereum #ETH #crypto
is trading around $2,611, down about 3.3% over the last 24 hours.Ethereum is reacting to fresh US spot ETF outflows.
On Oct 6, funds shed roughly 21,432 ETH (~$58M), with BlackRock’s ETHA and Fidelity’s FETH leading the redemptions.
That extends a multi-session outflow streak of about $206M since late September, while price is still holding near the $2,600 area after a dip from the $2,720 zone.
Key level: $2,600
A hold keeps the recent range intact.
A clean break opens $2,550 next. Reclaiming $2,720 is the first hurdle back up.
#Ethereum #ETH #crypto