ETH ETF continues to have net outflows, which is basically the same as when BTC ETF was just passed.
At the same time, there are other news that have triggered doubts about ETH selling pressure, and ETH continues to weaken.
Some people have even continued to be bearish on ETH.
However, my suggestion is to be optimistic. It is not appropriate to be bearish on ETH simply because of the price of the currency.
Once all the negative news fades, you will know who is chasing ETH nakedly.
If the selling pressure really exists, you can copy it if you smash it.
I can't predict it at a glance, but in this bull market, ETH will not decline so quickly. Its stability, ability to carry funds, and ability to make stable profits need time to settle.