Markets· ★★★· bearish·

Analysts warn of Ethereum bear trap risk as altcoin rally stalls near $2.7K

  • —Altcoin Season Index closed Q3 near 61 after TOTAL2 rallied 35%
  • —ETH/BTC fell 2.33% from its 0.033 peak and stalled at 0.03 resistance
  • —Ethereum ETFs saw $17.25M in outflows while Bitcoin ETFs drew $31.7M
  • —Stablecoin market cap remains below its May peak, capping altcoin liquidity
Why it matters: If ETH fails to break BTC resistance, weak spot demand and rising leverage could trigger a liquidation cascade across the altcoin market.
#ETH#BTC
Source: Cryptonews.net
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