**10/12/2024:** Vitalik Buterin sold 6,900 ETH, POPCAT, and MSTR, converting them into a total of 180,969 ETH.
- **10/11/2024:** ETH price remains flat at $2400 as buyers show signs of hesitation.
- **10/10/2024:** ETH price loses positive momentum and buyers are targeting $2K to prevent further decline.
### Technical Analysis:
- Ethereum is struggling to attract
interest from ETF investors, with continuous outflows and total assets under management dropping from $10.7B to $6.6B over the past
79 days.
- The chart shows a clear divergence between the performance of Bitcoin and Ethereum ETFs, with
Bitcoin attracting large inflows and Ethereum struggling to attract interest.
### Outlook:
- Ethereum needs to overcome short-term concerns to regain its position and attract interest from ETF investors.
- ETH's current key support level is
$2.1K, and holding this level will be important to prevent further declines.
In short, Ethereum is facing pressure from ETF investor withdrawals and needs to overcome challenges to regain its position and attract interest from the market.
