Markets· ★★★· bearish·

Ethereum slips below 200-day EMA as US ETF outflows and weak Coinbase demand weigh

  • —ETH is down 2.1% over 24 hours and trades around $2,309
  • —US spot ETH ETFs lost $60.2 million and $21.4 million over two sessions
  • —Coinbase Premium Index for ETH at -0.142, negative since early September
  • —ETH liquidations hit $81.5 million in 24 hours, including $41 million in shorts
Why it matters: Weak US demand and persistent ETF outflows keep ETH below the $2,355–2,362 resistance; a break of $2,287 would expose $2,256 and lower.
#ETH
Source: Invezz
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