Ethereum (ETH) fell about 5% to ~$1,975, breaking the key $2,000 psychological level and the 50-day moving average, after failing to clear resistance near $2,200.

📊 Key data:

  • 💥 Long liquidations: $111 million

  • 📉 Negative on-chain demand (Capriole ≈ −23,475 ETH, down to −58,000 ETH earlier)

  • 💸 ETF/ETP outflows: ~$391.8M (7 days)

  • 🌍 Global ETP outflows: ~$27.2M last week

⚠️ What’s happening:

Selling pressure is driven by leveraged liquidations, institutional outflows, and weak on-chain demand.

🚨 Next levels:

Analysts warn of potential downside toward $1,750–$1,850 if buying interest remains weak.

🔥 Key signals to watch:

  • ETF/ETP flows

  • On-chain demand metrics

  • Liquidation activity

  • $2,000 (50-day MA) as resistance

📌 Note:

Long-term fundamentals like staking and network activity remain intact, but short-term pressure dominates.

#Ethereum #ETH #CryptoMarketAlert #Liquidation #trading $BTC $ETH