Continuous inflow! The 'undercurrents' of the Ethereum ETF are becoming increasingly turbulent...
According to Farside data, on July 8th, the U.S. Ethereum spot ETF saw a net inflow of $62.1 million, including:
ETHA: Net inflow of $53.2 million
FETH: Net inflow of $8.9 million
This marks the ninth consecutive day of positive inflow since the ETF approval.
To put it simply, traditional institutions are quietly 'slowly moving bricks'.
What does this wave of funds indicate? Institutional entry isn't a party; it's about building positions.
The more people are bearish and the longer the sideways period lasts, the easier it becomes for institutions to gradually accumulate at low levels.
Short-term prices may fluctuate, while the long-term structure is being built. Every net inflow is a confidence vote for 'mid to long-term funds'.
During periods of low sentiment, it is precisely the time to lay out the dividends. There's no need to wait for ETH to break $3,500 or $4,000 to chase. Those who truly make big profits are the ones who dare to hold the trend now.
Currently, ETH is in the 2560-2600 range, which is part of the support consolidation phase.
Key support: 2450-2480 (a valid break below requires caution)
Breakout pressure: 2630-2670 (only a breakout provides an opportunity for trend reversal)
Operation suggestion: Small position rolling + buying on dips, do not chase highs or short
Before the trend establishes itself, prioritize stability; once a breakout occurs, profits will surge.
Want to catch the rhythm and take profits? Pay attention to Longmen, and we will help you reorganize the rhythm once again!