ETH ETFs Soak Up Cash As Price Hits Danger Zone
The post ETH ETFs Soak Up Cash As Price Hits Danger Zone appeared com. Ethereum faces a sharp split between strong ETF demand and a spot chart sliding through major support levels. Fresh inflows clash with a deep technical danger zone and oversold signals, setting up a tense next phase for the market. ETH ETFs Land $55. 7 Million Inflow As BlackRock Sees Big Exit Ethereum spot ETFs pulled in about 55. 7 million dollars in net inflows yesterday, according to the latest Farside Investors data. The green total came even as BlackRock’s ETHA fund recorded roughly 53. 7 million dollars in outflows on the day. ETH ETF Daily Flows. Their positive flows turned the complex back into net-buy territory, signaling that investors still added Ethereum exposure overall despite the heavy redemption from the largest player. Ethereum Slides Into ‘Danger Zone’ After Uptrend Break Ethereum has slipped into a key danger zone after losing its main daily uptrend line and the 0. 618 Fibonacci retracement level, according to analyst DrBullZeus. The break signals a structural shift in the chart, with bears tightening their grip as price trades near the mid-2700 range. ETH Danger Zone Chart. If ETH stabilizes there, bulls could attempt a recovery toward higher levels, but failure to hold that area would confirm deeper technical damage. In that bearish scenario, DrBullZeus maps a possible slide toward roughly 1, 500 dollars, labeled as the major support and the “0” level on the chart. The analyst notes that momentum currently favors sellers, and the next sessions will show whether Ethereum can defend its support zones or extend. Continue reading ETH ETFs Soak Up Cash As Price Hits Danger Zone