Ethereum price is in danger: ETF outputs started to increase

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Ethereum price is in danger: ETF outputs started to increase

Ethereum price has experienced a harsh decline in the last weeks, the amount of stinging has reached a record level. While corporate investors withdraw more than $ 500 million ETH ETF, long -term investors are investing in the future by stinging. This contradiction points to a critical period for the price of Ethereum.

Ethereum: Staking breaks a record, investors rely on the long term

The price of Ethereum decreased by 30 %in the last three weeks and fell from $ 3,200 to $ 1,800. However, the total amount of ETH that stacted continued to increase and reached the new summit with 33.98 million ETH. This shows that despite market uncertainty, long -term investors’ confidence in Ethereum.

  

Despite the high volatility on the market, the Stakers do not step back. Investors who want to earn passive income continue to accumulate by believing in the future of Ethereum. The acceleration of stinging processes from the beginning of March reveals that participants in the ecosystem are more optimistic than ETF investors.

Ethereum ETF outputs show corporate insecurity

While Ethereum stinging breaks records, there is a opposite movement in ETFs. In the last three weeks, $ 524 million output from the Ethereum Spot ETFs. The sharp decline in the beginning of March shows that corporate investors move away from Ethereum due to uncertainty.

The sales of ETF investors accelerated with the decline in ETH price below $ 2,000. Regulatory uncertainties and the decrease in risk appetite may have reduced the interest of corporate investors’ interest in ETH. However, despite these outlets, the support of Ethereum in the ecosystem remains strong.

Technical indicators show that sales pressure is reduced

As we analyze as Kriptokoin.com, Ethereum’s technical data indicate that sales pressure slows down. The price is currently at the level of $ 1,893, while RSI entered the over -selling area with 33.13. This shows that sales pressure is reduced and the probability of recovering the price is increased.

Although the MACD indicator still shows the decrease -oriented momentum, it weakens. OBV shows that buyers have not yet returned to the market by watching horizontal. Ethereum’s decrease below $ 1,850 may accelerate sales, but it may signal a short -term recovery to increase over $ 1,950. The future of Ethereum will be more shaped in the coming days.