📉 Ethereum ETF increases selling pressure, Hong Kong market sees a net inflow of 2,600 ETH!!

Last week, the total net inflow of three Ethereum spot ETFs in Hong Kong exceeded 2,600 ETH, an increase of about 16%. The total holdings are approximately 18,910 ETH, with a total net asset value of over 64 million USD.

Among them, the Huaxia Fund (Hong Kong) and Carnival International's spot Ethereum ETF, with OSL Digital Securities as the virtual asset custody and trading partner, hold about over 13,000 ETH, accounting for nearly 70%.

🔍 Ethereum price forecast: With investors locking in profits and increasing losses, there is a risk of Ethereum falling to 3,000 USD.

📉 Ethereum investors increase selling pressure: Despite recent selling activities by both long-term and short-term holders, Ethereum still rose 4% on Monday.

🐋 Whales buy on dips: After increasing their holdings by 410K Ethereum, whales ended a two-week selling spree, signaling confidence in a potential rebound post-holiday.

📊 Ethereum weighted confidence index: This index has remained below neutral levels, indicating heightened negative sentiment.

📈 Ethereum price forecast: If it falls below the support of 3,250 USD, Ethereum may drop towards the psychological level of 3,000 USD.