ETH Falls 2.53% to $2,377 as ETF Outflows Weigh on Price
- —ETH trades below its 7-, 30- and 50-day SMAs but above the 90- and 200-day
- —Daily volume of $5.64B is 57.45% below the 30-day average
- —RSI at 36 and bearish MACD offer no reversal signal
- —ETH is down 5.11% over seven days and 3.93% over 30 days
Why it matters: Thin volume and ETF outflows point to weak demand at current levels; a rebound needs volume confirmation before traders add exposure.
Source: DiarioBitcoin