Ethereum Price Prediction: ETF Flows Turn Mixed As BlackRock Accumulates
- Ethereum trades around $4,334, holding the $4,300 support after slipping below its 20-day EMA.
- ETF data shows $8.7M outflow, offset by BlackRock’s $39.3M accumulation in Ethereum funds.
- On-chain flows show $21M outflow, testing buyer conviction at $4,180–$4,050 support zone.
Ethereum (CRYPTO: ETH) price today is trading near $4,334, slipping below the 20-day EMA at $4,388 as short-term sentiment turned cautious after ETF data showed renewed outflows. Despite a strong institutional buy from BlackRock, traders remain defensive as technical indicators approach a key decision zone around $4,300.
Ethereum Price Holds Fib Support Amid Weak Momentum
The daily chart shows Ethereum consolidating between $4,300 and $4,460, with the 0.618 Fibonacci retracement at $4,356 providing near-term resistance. The ascending trendline …
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Ethereum Price Prediction: ETF Flows Turn Mixed As BlackRock Accumulates
- Ethereum trades around $4,334, holding the $4,300 support after slipping below its 20-day EMA.
- ETF data shows $8.7M outflow, offset by BlackRock’s $39.3M accumulation in Ethereum funds.
- On-chain flows show $21M outflow, testing buyer conviction at $4,180–$4,050 support zone.
Ethereum (CRYPTO: ETH) price today is trading near $4,334, slipping below the 20-day EMA at $4,388 as short-term sentiment turned cautious after ETF data showed renewed outflows. Despite a strong institutional buy from BlackRock, traders remain defensive as technical indicators approach a key decision zone around $4,300.
Ethereum Price Holds Fib Support Amid Weak Momentum
The daily chart shows Ethereum consolidating between $4,300 and $4,460, with the 0.618 Fibonacci retracement at $4,356 providing near-term resistance. The ascending trendline …
Read The Full Article Ethereum Price Prediction: ETF Flows Turn Mixed As BlackRock Accumulates On Coin Edition.
Читать больше