#BTCvsETH 🔄 | Market Watch
📉 $ETH
dips 2.34% — reflects a short-term shift in sentiment after a strong rally.
Current Price: $3,704.5
24h Change: -3.5%
🔸 Why the dip?
▪️ Profit-taking after a +23.94% weekly surge
▪️ ETF Flows Rotation – $296M into ETH ETFs, but BTC ETF outflows ($131M) triggered caution
▪️ RSI 7D at 96 – Overbought zone signaled a pullback
▪️ Fibonacci resistance at $3,856.77 added selling pressure
🟠 Despite strong ETH ETF inflows, bearish momentum from Bitcoin led the entire market to slow down.
🔍 Watch the $3,700 level — a key battleground for bulls and bears.