Overview
- ETH briefly fell to about $3,003 after failing to hold $3,250, extending a drop of roughly 35% from this year’s high.
- Spot Ethereum ETFs have posted consecutive withdrawals in recent weeks, with cumulative inflows near $13 billion and total assets around $20 billion, according to SoSoValue.
- Ether futures open interest has declined by more than 50% since October, signaling reduced speculative exposure.
- Centralized exchange holdings have fallen to roughly 11.96 million ETH from a July peak near 16.36 million, CoinGlass data shows.
- Technical readings point bearish with a prior double-top, a looming death cross, and key support near $3,000, while a small double-bottom around $3,060 offers only a narrow rebound window.