#BTCvsETH ๐ | Market Watch
๐ $ETH
dips 2.34% โ reflects a short-term shift in sentiment after a strong rally.
Current Price: $3,704.5
24h Change: -3.5%
๐ธ Why the dip?
โช๏ธ Profit-taking after a +23.94% weekly surge
โช๏ธ ETF Flows Rotation โ $296M into ETH ETFs, but BTC ETF outflows ($131M) triggered caution
โช๏ธ RSI 7D at 96 โ Overbought zone signaled a pullback
โช๏ธ Fibonacci resistance at $3,856.77 added selling pressure
๐ Despite strong ETH ETF inflows, bearish momentum from Bitcoin led the entire market to slow down.
๐ Watch the $3,700 level โ a key battleground for bulls and bears.