๐จ MARKET ALERT ๐ฌ๐
Ethereum is under fresh pressure! BlackRock has once again sold 3,630 ETH (~$15M) โ adding to its earlier ~$20M and ~$45M sell-offs. This repeated pattern has traders on edge.
To make things worse, Ethereum ETFs recorded ~$108M outflows on Sept 23, fueling bearish sentiment. ETH quickly dipped to test the $4,000 level, sparking volatility across the market.
๐ Short-term: High risk of further downside
๐ Mid-term: Historically, dips like these often create golden entry points for smart money. ๐
#Ethereum #ETH #CryptoNews #BlackRock #CryptoTrading
โ ๏ธ Not financial advice