Ethereum tops $2,700 after bouncing off $2,310 on-chain cost basis
- —ETH reclaimed $2,700 after bouncing off its $2,310 realized price
- —US spot ETH ETFs took in $143.8 million on Friday, ending three days of outflows
- —ETH liquidations hit $224.7 million in 24 hours, with $191 million in shorts
- —RSI at 71 and Stoch at 91 signal overbought conditions; resistance sits at $2,786
Why it matters: Defending the realized price suggests a shift in positioning; sustained ETF inflows could open the way to $2,894.
Source: FXStreet Crypto