Looking at ETH's recent chart, on-chain funds have been continuously flowing out, which is not a good sign.
From the candlestick pattern, the recent decline shows a clear ladder-like trend, with each retracement hitting new lows. This type of decline usually indicates that large funds are dumping, and selling pressure remains persistent.
Technically, the key support level is around 2900. This area should be closely monitored. If funds continue to flow out and break this level, it’s not impossible. Stop-loss settings should be based on your own risk tolerance; don’t be too greedy.
The current situation is like this—funds are leaving, prices are falling, and caution is needed. How it will develop next depends on further on-chain data and market reactions.
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TradFiRefugee
· 5h ago
Is big money crashing in? Then I need to check my stop-loss settings, or I'll get washed out again.
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MEVictim
· 5h ago
The issue of funds flowing out is indeed a bit concerning; whether 2900 breaks or not is the real key.
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PrivacyMaximalist
· 5h ago
It's really frightening that the funds have run away. We must hold the 2900 level, or else it's truly over.
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ImpermanentPhobia
· 5h ago
I've seen this trick of capital outflow many times, and it's just repeating the same story again.
Looking at ETH's recent chart, on-chain funds have been continuously flowing out, which is not a good sign.
From the candlestick pattern, the recent decline shows a clear ladder-like trend, with each retracement hitting new lows. This type of decline usually indicates that large funds are dumping, and selling pressure remains persistent.
Technically, the key support level is around 2900. This area should be closely monitored. If funds continue to flow out and break this level, it’s not impossible. Stop-loss settings should be based on your own risk tolerance; don’t be too greedy.
The current situation is like this—funds are leaving, prices are falling, and caution is needed. How it will develop next depends on further on-chain data and market reactions.