Ethereum traders have shown bearish sentiment for the third time in a month, with social commentary ratios hitting lows similar to previous dips that preceded price rebounds of 14% and 7%. Despite the negative sentiment, Ethereum ETFs attracted $103.9 million last week, marking strong institutional demand. On-chain data also indicates Ethereum is undervalued relative to its cost basis, and declining Binance reserves suggest fewer coins are available to sell. These factors combined hint at diminishing downside risk and potential for a price turnaround soon.
Ethereum is currently defending the critical $1,850 support level while maintaining a short-term bullish pattern of higher highs and higher lows. Analysts suggest that if Ethereum breaks above the $1,950 resistance, it could advance toward key target...
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
Bitcoin and Ethereum prices declined by 2.24% and 1.62% respectively amid a 12.92% drop in crypto derivatives trading volume, indicating reduced risk appetite among traders. The broader crypto market saw losses across major altcoins, reflecting a def...
Bitcoin's price fluctuated around $64,000 after a $225 million outflow from spot bitcoin ETFs, mainly from Blackrock's IBIT fund, ended a week-long inflow streak. The Crypto Fear & Greed Index remains in the fear zone at 27, reflecting investor cauti...
Ethereum ETFs experienced $70.62 million in net outflows on Friday, ending a five-day streak of capital inflows that totaled $211.25 million. Despite this reversal, the weekly net inflows remained positive at $103.9 million, marking the third consecu...
