Ethereum Price Prediction: Heavy ETF Outflows Weigh on ETH Price Action
3d ago•
bullish:
0
bearish:
0
Share
- Ethereum trades at $3,870 after $400M ETF outflows led by $118M in BlackRock redemptions.
- Futures open interest rises to $47.2B as leverage skews long despite weak spot demand.
- Key support at $3,600 holds within symmetrical triangle, keeping breakout hopes intact.
Ethereum price today trades near $3,870, posting a modest 1.7% rebound after a volatile session that saw ETF outflows pressure sentiment. The broader market tone remains cautious as institutional selling from BlackRock and others caps upside momentum despite rising futures open interest.
Heavy ETF Outflows Weigh on Ethereum Price Action
Ethereum price action continues to struggle beneath its $4,000 resistance zone, constrained by consecutive ETF redemp…
Read The Full Article Ethereum Price Prediction: Heavy ETF Outflows Weigh on ETH Price Action On Coin Edition.
3d ago•
bullish:
0
bearish:
0
Share
Securely connect the portfolio you’re using to start.

yesterday.



