Ethereum just lost its $4,000 lifeline â and the timing couldnât be worse. ETF outflows have exploded to $796M this week, with all nine funds taking a beating. Fidelity dumped $362M, BlackRock unloaded $241M â the writing is on the wall.
That $4K mark wasnât just another price level â it was both technical armor and a psychological stronghold. With it gone, fear is spreading fast. Every bounce is getting sold into, and the wall of sell pressure above is brutal. Technicals? The daily MACD is flashing a death cross, and momentum is screaming bearish. Longing here is basically volunteering for liquidation.
Trading Gameplan đŻ
Short on any rebound into $3980â4050
Leverage: 10â15x max
Stop loss: $4120 (if reclaimed, bears lose momentum)
Targets: $3800 first, then $3650 if blood continues
Institutions are already out the door. Retail dreamers still trying to âcatch the bottomâ are just setting themselves up to be the exit liquidity. In crypto, you follow the smart money â or you get left holding the bag.
