#ETH $ETH @Ethereum
Hey guys.
Ethereum is back in the sideways again. Having broken the local trend for growth, the price is testing an important zone of £2450-£2500, if we see a breakdown, it will be a move to £2300-£2200.
But on the ETF market though there are sales, as it can be seen from the table only Grayscale sells out, other funds buy. Onchain also shows the continuation of outflow from the exchange.
It reminds me of shaking out weak hands from the market.
We buy ETH within the DCA experiment for £70.
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Stay tuned.