ETF net outflows end a seven-day streak of gains! $ETH pulled back, then surged again—bulls still haven’t given up!



Brothers, last night Bitcoin ETFs saw net outflows of 225 million, ending seven straight days of net inflows. After the news came out, ETH fell throughout yesterday, and today bounced back from 1857 to 1907. If it doesn’t drop when it should, that’s strength—bulls haven’t stopped resisting.

On the 1-hour chart, price rebounded from 1858 to 1909; the MACD fast and slow lines formed a golden cross below the zero axis—bulls are currently building up momentum. The short-term resistance is 1910-1920 above. If it breaks out, look for 1930-1940. Support has formed in the 1880-1890 zone below.

On the news side, the ETF net outflows of 225 million are indeed a bearish factor. IBIT alone saw outflows of 202 million, showing that short-term capital is retreating. But buy-the-dip bottom funds at this level are providing follow-through. A bearish headline that can’t knock it down is, by itself, a bullish signal.

MiGe multi/short two-way trading suggestions:
Short the rebound—enter a short near the 1940 - 1950 resistance zone; for longs, take a more steady approach—enter near 1860-1870 once it stabilizes. If it breaks below 1858 and wicks down into 1800-1780, then try long again.

Personal view:
Brothers, the ETF bearish news can’t knock it down. The bids around 1900 are very strong. MA99 is the final hurdle—once it clears, it’s a whole new world.

#直通IPO第二期JerseyMikes
ETH-2.16%
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