#BTC下探60000美元关键关口 Where is ETH heading🟢 Potential positives:



· Institutional buying continues: Nasdaq-listed Sharplink accumulated 10,000 ETH in 48 hours (about $15.73 million)
· Large-scale staking: Tom Lee’s Bitmine staked another 160,480 ETH (worth $248.7 million), bringing total staked to 4.88 million
· Whales rebalancing: On-chain signals show whales reducing BTC and increasing ETH

🔴 Potential negatives:

· Whale shorting: A whale that previously shorted $165 million has opened a new $70.76 million short position again, with the ETH entry price at $1,532
· ETF outflows continue: U.S. spot Ethereum ETFs have seen net outflows for the seventh consecutive trading day, with $12.8 million outflow yesterday
· The market is in extreme panic: Fear & Greed Index is about 13 (Extreme Fear)
· Medium-term trend is down: Moving averages remain bearishly aligned; the current move is only a rebound from oversold conditions, not a trend reversal
BTC1.56%
SBET5.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ApeWithHomework
· 7h ago
The staking amount looks strong, but the ETF has been running for seven consecutive days. This long-short battle has me completely confused. I'll wait for a surge in volume before making a move.
View OriginalReply0
  • Pinned