#token2049
$ETH retests breakout zone
After clearing its resistance trendline, $ETH is now consolidating above the key $1,750 level, a setup that could ignite a rally toward the $2,000 mark. Bulls still have the upper hand.
#etf flows (As at yesterday April 30th)
$BTC ETFs: -597 BTC | Net outflows: $56.3M
ETH ETFs: -1,280 ETH | Net outflows: $2.3M
Despite five straight red monthly candles, April closed with a notable Hammer/Dragonfly Doji as it swept lows from Aug–Oct 2023 and held above key support.
This could mark a long-term bottom for $ETH on a larger TF