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Ethereum Price Prediction: ETF Outflows Surge As Descending Trendline Blocks Every Rally Attempt


Ethereum Price Prediction: ETF Outflows Surge As Descending Trendline Blocks Every Rally Attempt

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  • Ethereum trades near $2,991, sliding further below the long descending trendline as sellers defend every rally attempt.
  • ETF outflows jump to $37.4M, with BlackRock cutting $24.6M alone as spot flows show another $35.38M leaving exchanges.
  • Bearish momentum stays firm, with ETH stuck under all major EMAs and liquidation-heavy derivatives data signaling continued pressure.

Ethereum price today trades near $2,991, slipping deeper below the long descending trendline that has controlled every rally since early October. The move keeps sellers in command as ETF outflows accelerate and spot flows remain negative across major exchanges.

Fresh ETF data shows another heavy withdrawal cycle. According to Ted Pillows, Ethereum ET…

Read The Full Article Ethereum Price Prediction: ETF Outflows Surge As Descending Trendline Blocks Every Rally Attempt On Coin Edition.

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