Crypto Investment Products See $446M Outflow in One Week, Totaling $3.2B Since October
- Escalating Fund Outflows: According to CoinShares, cryptocurrency investment products experienced a $446 million outflow in the last week of December, raising the cumulative outflow to $3.2 billion since October, indicating fragile investor confidence that could impact market stability.
- Dominance of Bitcoin and Ethereum Outflows: During this week, Bitcoin investment products saw a $443 million outflow while Ethereum products experienced approximately $59 million in outflows, reflecting a decline in the appeal of mainstream assets that may lead to further market structural changes.
- Emerging Assets Attract Investment: Despite severe outflows from mainstream assets, XRP, Solana, and Chainlink products attracted inflows of $70.2 million, $7.5 million, and $2.1 million respectively, suggesting that investors are reassessing their risk preferences and shifting towards smaller assets.
- Significant Regional Disparities: U.S.-based investment products faced a $460 million outflow, while Germany saw a contrary inflow of $35.7 million, indicating varied responses from investors in different countries, with German investors potentially viewing the current price declines as buying opportunities.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH) As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 622.651 | 1185.225 | 1703.501 | 2266.075 | 2784.351 | 3346.925 | 3865.201 |
| Fibonacci | 1185.225 | 1598.11 | 1853.191 | 2266.075 | 2678.96 | 2934.041 | 3346.925 |
About ETH
About the author









