BlackRock: $702.5M BTC and ETH Outflows

BlackRock recorded fresh outflows of 7,244 $BTC ($558.3M) and 63,595 $ETH ($144.2M) on November 3, according to Lookonchain. The firm has now shed 580,145 $ETH worth $1.32B over the past month alone.

ETH trades at $2280.43 on the 4h chart inside a bearish structure defined by the EMA50 at $2293.81 and the EMA200 at $2426.44. Momentum sits neutral with RSI(14) at 52.33 while MACD registers a bullish golden cross at -5.49. Price currently tests the upper Bollinger Band resistance at $2297.15; a rejection here would likely send it toward the lower band support at $2236.95 before any sustained recovery attempt.