🚨 Ethereum's price movement 🚨
📉Recent Price Movement: Ethereum's price has dipped below the key 200-day moving average, indicating bearish signals. Despite a $26.7 million inflow on August 1 from spot #EthereumETFs , ETH has declined 10% since their approval.
🔻Technical Indicators: The Relative Strength Index (#RSI ) and other technical indicators suggest that Ethereum's price movement is bearish.