Where is the low point for ETH?
1) Yesterday, the net inflow from ETF institutions was 639 million USD; the drop does not deter ETF institutions from continuing to buy ETH;
2) A massive sell order near 4800 on the order book has become a short-term pressure point for ETH, but the sell orders are gradually being digested, and the sell orders are decreasing;
3) It is estimated that ETH may fall to the range of 4150-4300, and in an optimistic scenario, it will stabilize if it falls to around 4350.
Looking at the crazy purchases by ETFs, the drop presents a buying opportunity!