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Ethereum holds above $2,100 amid ETF outflows and US market weakness, eyes $2,150 resistance.

Technical Signals
21 May 2026
Blockonomi
View Source
Neutral
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Ethereum is maintaining its price just above the key $2,100 support level despite ongoing pressure from declining US market interest and seven consecutive days of ETF capital withdrawals totaling over $62 million. The Coinbase Premium Index shows reduced buying activity from US traders, reflecting weaker domestic demand. Technically, Ethereum faces strong resistance around $2,150, with a successful break potentially pushing the price toward $2,250, while failure could see a drop back to $2,000. Futures markets show mixed signals with positive funding rates and a rebound in open interest, indicating some renewed trader confidence despite recent volatility.

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