Ethereum holds $2,400 after ETF outflows and Fed rate hike
- —ETH holds above $2,400, with an intraday low of $2,372
- —Ethereum ETFs saw $224 million in outflows, Bitcoin ETFs $296 million for the day
- —BlackRock's ETHA lost $110 million, the largest outflow among ETH funds
- —RSI at 53.7 and MACD at 6.31 point to neutral-to-bullish momentum
Why it matters: Holding $2,400 separates stabilization from a drop toward $2,350, but continued ETF outflows cap the upside.
Source: CoinGape