$ETH Persistent ETF outflows threaten to push prices below local support.
Resistance: $2,520. Lose $2,497 -> $2,493 comes into focus.
My view: I would be cautious longing here. Better to wait for real buyer demand.
Why: Ether ETFs extended their outflow streak to nine consecutive days.
Bearish below $2,520.
Source: The Block
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)
Resistance: $2,520. Lose $2,497 -> $2,493 comes into focus.
My view: I would be cautious longing here. Better to wait for real buyer demand.
Why: Ether ETFs extended their outflow streak to nine consecutive days.
Bearish below $2,520.
Source: The Block
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)