Bitunix analyst: Ethereum ETF continues to outflow funds, ETH faces key support of $2,000

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MarsBit
03-25
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Mars Finance News, on March 25, the Bitcoin ETF recorded net inflows for 6 consecutive days, indicating investors are more inclined towards BTC as a mainstream digital asset allocation. However, the Ethereum ETF experienced the longest consecutive capital outflow since its launch in July 2024, reflecting unstable investor demand for ETH. Bitunix analysts suggest: ETH is currently oscillating in the $2,000-2,100 range, short-term traders can pay attention to the $2,000-1,900 support level; medium and long-term investors can focus on the $1,900-1,800 range as a potential entry point. Currently, ETH needs to maintain the critical support of $2,000, otherwise it may further decline. Investors should closely monitor ETF capital flows and market trends, manage positions cautiously, and avoid excessive positions.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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