Ethereum course falls below $ 1,800: Dark forecasts for spot-eth ETFs and decline in investor's demand

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Ethereum: Kursrückgang und die Herausforderungen bei Spot-ETFs Der Kurs von Ethereum ist kürzlich unter eine entscheidende Unterstützungsmarke gefallen. Dies geschah vor dem Hintergrund einer eingetrübten Aussicht auf Spot-ETH-ETFs. Der Preis der ETH-Coin ist auf ein Tief von 1.800 US-Dollar gesunken, was einen erheblichen Rückgang im Vergleich zum letztjährigen Höchststand von 4.000 US-Dollar darstellt. Düstere Prognosen für Spot-ETH-ETFs Aktuelle Daten zeigen einen dramatischen Rückgang der Nachfrage nach Spot-ETH-ETFs in diesem Jahr. So veröffentlichten die Finanzanalysten von SoSoValue, dass diese ETFs in diesem Monat Nettoabflüsse von über 403 Millionen US-Dollar verzeichneten – die bis dato schlechteste Entwicklung. Bei näherer Betrachtung fällt auf, …
Ethereum: Course drop and the challenges for Spot ETFs The course from Ethereum recently fell under a decisive support brand. This was done against the background of a clouded view of Spot-Eth ETFs. The price of the ETH coin has dropped to a low of $ 1,800, which represents a significant decline compared to last year's maximum of $ 4,000. Dark forecasts for Spot-Eth ETFS Current data show a dramatic decline in demand for Spot-ETFS this year. The financial analysts from Sosovalue published that these ETFs recorded net drains of over $ 403 million this month-the worst development to date. On closer inspection, it is noticeable ... (Symbolbild/KNAT)

Ethereum: price decline and the challenges for spot-ETFs

The course of Ethereum recently fell under a decisive support brand. This was done against the background of a clouded view of Spot-Eth ETFs. The price of the ETH coin has dropped to a low of $ 1,800, which is a significant decline compared to last year's maximum of $ 4,000.

Dark forecasts for Spot-ET-ETFS

Current data show a dramatic decline in demand for Spot-ET-ETFs this year. The financial analysts from Sosovalue published that these ETFs recorded net drains of over $ 403 million this month-the worst development to date. On closer inspection, it is striking that the funds generated net inflows only on two days of two days, which marks the longest loss series in the history of these ETFs.

The outflow of $ 409 million is a drastic trend reversal after $ 60 million in February and $ 2.0 billion in December in December. The Grayscale Ethereum ETF (ETHE) leads the list of ETFs with over $ 2.2 billion in assets. It follows the ETHA ETF from Blackrock, also with over $ 2.2 billion, and Grayscales ETH with $ 854 million.

In contrast, Spot-Bitcoin ETFs have recorded steady inflows in the past two weeks-most recently with $ 196 million and previously with $ 744 million. Since January of last year, these funds have added over $ 36 billion to assets.

The different investor interest in Ethereum and Bitcoin ETFs indicates a weak interest in Ether, which is partly due to the fact that investors can benefit from the price of price growth and staking yields by direct possession on stock exchanges. The market for Ethereum-Staking currently has a capitalization of over $ 95 billion.

Ethereum course analysis

The technical analysis of the Ethereum course shows a dramatic decline in recent months. The weekly chart reveals that the ETH price has fallen significantly after the formation of a triple top pattern at $ 4,035. It fell below the important level of support of $ 2,113 and reached the lowest level since August last year.

In addition, the Ethereum Prize also fell below the 61.8%fibonacci retracement brand at $ 1,936. This situation is worrying because this point is considered a "golden number", in which corrections are often carried out. The ETH price is currently below the Ichimoku cloud indicator, which indicates that the path of the lowest resistance in the direction of $ 1,207 shows the second support of the Woodie Pivot points. This would mean a decline of around 35 % compared to the current level. However, the currently bearish perspective could overturn the level of resistance at $ 2,110.

The first forecasts and technical analyzes point out that the next few weeks could be decisive for Ethereum, both in terms of price development and interest in ETFs.