Ethereum: ETF Outflows Push ETH Toward $2,000

Ethereum faces mounting pressure as spot ETF outflows accelerate and price slips to $2056.54.

Traders have turned decisively bearish over the past six months amid sustained institutional selling. On the 4h chart, price sits inside the Bollinger Bands and hugs the lower support at $2048.8 while the MACD registers a clear death cross at -12.31 and both EMA50 at $2110.19 and EMA200 at $2205.27 act as overhead resistance. RSI at 37.79 offers no oversold relief, leaving ETH vulnerable to a swift test of sub-$2000 levels before any rebound materializes.