$ETH Continuing to be bearish!!!
$ETH 's latest price hovers around $1,595.
Capital flight:
U.S. spot ETFs have experienced an epic ten-plus days of net outflows, Wall Street institutions are frantically cutting losses, and no one is willing to step in to buy Ethereum.
Technical avalanche:
Not only has it broken the psychological barrier of $2,000, but even the strong support at $1,700 has been shattered! The market is in "extreme fear," bulls are powerless, and the downside space has fully opened.
Narrative collapse:
On-chain gas fees are low, reflecting an extremely dead ecosystem, La