Recently, ETH's performance has been quite decent. Compared to Bitcoin, the data for Ethereum spot ETF this week is actually quite stable—basically maintaining a net inflow trend, although the volume isn't particularly large. By Friday, BlackRock finally broke the pattern, shifting from continuous selling to buying, which is finally consistent with Bitcoin investors' attitude. However, to be honest, the current buying volume is still a bit low, and its impact on the spot price is still quite limited. To see a more obvious market reaction, we probably need to wait until buying momentum increases further.
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FarmToRiches
· 01-08 10:13
BlackRock finally followed the trend. With this amount of buying volume, you still want to pump the market? Wake up.
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LoneValidator
· 01-06 15:00
BlackRock finally stopped selling, now that makes sense. However, the buying volume is still too weak; it needs to be more aggressive.
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4am_degen
· 01-06 01:35
BlackRock finally stopped selling, but the buying pressure is really weak.
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ForkLibertarian
· 01-06 01:09
BlackRock has finally turned around. This shift is real, but the buying momentum is still too weak.
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alpha_leaker
· 01-06 01:06
BlackRock finally agreed to take over, but the buying momentum really can't be sustained.
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MrDecoder
· 01-06 01:02
BlackRock has finally shifted, but the buying momentum is really weak, feels like we need to wait a bit longer.
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RektButAlive
· 01-06 00:59
Bro finally started to buy the dip, but the buying momentum is still too sluggish, and it can't push the price up at all.
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WhaleWatcher
· 01-06 00:48
BlackRock's move this time is quite interesting; finally, they are not selling anymore.
Recently, ETH's performance has been quite decent. Compared to Bitcoin, the data for Ethereum spot ETF this week is actually quite stable—basically maintaining a net inflow trend, although the volume isn't particularly large. By Friday, BlackRock finally broke the pattern, shifting from continuous selling to buying, which is finally consistent with Bitcoin investors' attitude. However, to be honest, the current buying volume is still a bit low, and its impact on the spot price is still quite limited. To see a more obvious market reaction, we probably need to wait until buying momentum increases further.