Ethereum experienced significant institutional selling following the launch of US spot ETH ETFs, with $800 million withdrawn within five days, notably from Fidelity and BlackRock funds. Despite pressure and market fear indicated by a Crypto Fear and Greed Index at 34, ETH has shown resilience by reclaiming levels above $4,000. Technical analysis signals cautious optimism with critical support and resistance levels to monitor, highlighting a delicate balance between selling pressure and buying interest. Meanwhile, Bitcoin Hyper ($HYPER) presale gains momentum, promising to blend Bitcoin's security with Solana's speed for scalable blockchain applications.
Continue to read Ethereum Holds Firm Near $4,000 Amidst Institutional Outflows and Market Fear
Ethereum experienced significant institutional selling following the launch of US spot ETH ETFs, with $800 million withdrawn within five days, notably from Fidelity and BlackRock funds. Despite pressure and market fear indicated by a Crypto Fear and Greed Index at 34, ETH has shown resilience by reclaiming levels above $4,000. Technical analysis signals cautious optimism with critical support and resistance levels to monitor, highlighting a delicate balance between selling pressure and buying interest. Meanwhile, Bitcoin Hyper ($HYPER) presale gains momentum, promising to blend Bitcoin's security with Solana's speed for scalable blockchain applications.
Continue to read Ethereum Holds Firm Near $4,000 Amidst Institutional Outflows and Market Fear
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