ethereum:native

Ethereum is displaying massive relative strength right now, heavily backed by a shift in fundamental inflows.
U.S. spot Ethereum ETFs have officially broken an eight-week streak of outflows, pulling in $84.4 million in fresh capital.
On top of that, the network continues to dominate the institutional sector, currently capturing around 70% of all tokenized ETF issuances.
Technically, the 4H structure printed a clean BOS and a new HH.
However, the current price action around $1,858 is likely just the beginning of the retracement.
We are definitively expecting a deeper drive lower to establish a true swing low and print a valid HL.
Until this downside extension finds a clear floor and liquidity is captured, jumping in early is risky.
We are waiting to see exactly where the market decides to form this base before looking for any trend continuation.