Yang Guang bit | November 12 ETH rebound lacks momentum; short with the trend at resistance
【Today's Strategy】
Entry timing: Price rebounds to the 2070–2090 range
Stop-loss: 2105
Take-profit levels:
First: 2030–2010
Second: 1995–1975
【Key Takeaway】
U.S. stocks continued to rise on Wednesday as the AI supply-chain boom returned: Dow +0.49%, S&P 500 +1.31%, Nasdaq +1.6%, with risk appetite recovering. But the key point remains that while U.S. stocks strengthened, crypto failed to follow suit. ETH rebounded to 2103 in the early hours before falling again, indicating that selling pressure remains heavy. BTC spot ETF outflows have slowed steadily, but flows remain negative overall, with approximately $1.6 billion withdrawn since the start of November. ETH spot ETFs have also seen consecutive outflows (approximately $185 million in net outflows on 11/9 alone), as funds shift from crypto to equity ETFs; institutional demand has yet to recover.$ETH #美国10月CPI全面超预期
【Today's Strategy】
Entry timing: Price rebounds to the 2070–2090 range
Stop-loss: 2105
Take-profit levels:
First: 2030–2010
Second: 1995–1975
【Key Takeaway】
U.S. stocks continued to rise on Wednesday as the AI supply-chain boom returned: Dow +0.49%, S&P 500 +1.31%, Nasdaq +1.6%, with risk appetite recovering. But the key point remains that while U.S. stocks strengthened, crypto failed to follow suit. ETH rebounded to 2103 in the early hours before falling again, indicating that selling pressure remains heavy. BTC spot ETF outflows have slowed steadily, but flows remain negative overall, with approximately $1.6 billion withdrawn since the start of November. ETH spot ETFs have also seen consecutive outflows (approximately $185 million in net outflows on 11/9 alone), as funds shift from crypto to equity ETFs; institutional demand has yet to recover.$ETH #美国10月CPI全面超预期
