Markets· ★★★· neutral·

Ethereum at $2,650: $723.9M ETF inflows in September, but no breakout

  • —US spot ETH ETFs took in $723.9M in September and $1.66B year-to-date
  • —Sept. 23 inflows hit $104.64M: ETHA $50.8M, FETH $41.28M
  • —Daily RSI at 58.82, while MACD histogram turned negative at -4.59
  • —Glamsterdam upgrade on testnet expected Oct. 6
Why it matters: A break above $2,800 opens the path to $2,950, while a drop below $2,586 would darken the technical picture.
Source: Coincierge