Ethereum: between technical standard and uncertain structural weakness. The RSI remains neutral, around 50, while the volume remains low.
The ETFs on ETH recorded $80 million in outflows last week, and the ETH/BTC ratio stagnating at 0.019 reflects a lack of conviction among investors.
As long as ETH does not sustainably exceed $1,700, caution is warranted. In the event of a pullback, the critical support at $1,500, or even $1,300, could be tested.