18 August 2025
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Ethereum Experiences $59 Million ETF Outflow Amid $4,800 Resistance
Ethereum is experiencing notable price movements, trading at its highest levels since 2021. Key points include:
- Spot Ethereum ETFs saw their first daily outflow in over a week, reporting net outflows of $59.34 million on August 15 after adding $3.7 billion over eight days.
- Ethereum struggled to break the resistance level of $4,788, currently trading around $4,465.
- A significant sell wall exists at $4,800, termed the "final boss," with billions in sell orders that could hinder upward movement.
- BlackRock's ETHA ETF reported $338.09 million in daily inflows, while Grayscale’s ETHE and Fidelity’s FETH saw withdrawals of $101.74 million and $272.23 million, respectively.
- Technical analysis indicates potential bearish retracement, with an entry point around $4,440 and a target of $3,375, suggesting a possible drop of over 20% if the bearish trend continues.
Current market dynamics highlight both bullish potential and bearish risks for Ethereum as it approaches critical price levels.