⚠️ Ethereum Drops While Bullish Sentiment & ETF Inflows Climb

ETH price slips 3% Friday — but institutional confidence is still soaring.

📥 Big Money Moves In:

• $148.5M inflow to spot ETH ETFs on Thursday

• 🟢 8-week inflow streak approaching $2B total

• 2nd-highest daily inflow since February

• ETFs benefit from regulatory optimism + ETH treasury adoption

🏛️ Adoption & Legislation Driving Hype:

• Robinhood launches tokenized equities on Arbitrum

• BitMine & SharpLink shift to ETH-based treasuries

• Congress debates GENIUS stablecoin bill July 14

🔮 Market Betting Bullish:

• 80% of ETH call OI above $3K

• 30% targets over $3.5K

• Options market pricing in breakout potential

📉 But Charts Flash Warning Signs:

• ETH hit with $56.8M in liquidations, mostly longs

• Weekly SMA rejected near $2,600

• ⚠️ Death Cross Risk → Potential drop to $1,750 (≈35% drawdown)

💡 Sentiment is high. Price says otherwise. Watch key supports & ETF flows closely.

#ETH #EthereumFuture #EthereumETFApprovalExpectations #TrumpVsMusk $ETH $BTC