#BinanceABCs Ethereum performed quite well this week, slightly stronger than Bitcoin, but the fluctuations were not significant. In terms of capital flow, money has been flowing in continuously from Monday to Thursday for four days, only pulling out on Friday. Specifically, on Friday: BlackRock continued to buy, Grayscale significantly reduced its holdings, and Fidelity also sold a little.



Looking at the statistics for Week 77, US institutional investors have a net inflow of 72,440 ETH. Compared to last week's net outflow of 22,983, there has been some improvement, but honestly, this level of activity is similar to BTC — traditional funds are still somewhat indifferent to this area, and the enthusiasm isn't as high as expected.

As for trading strategy, in the short term, you can rebound within the 2940 to 2960 range. Once it faces resistance and breaks down, the next support levels are around 2800 to 2820.
$BTC $ETH $ZEC
ETH-4.28%
BTC-1.92%
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MoonWaterDropletsvip
· 13h ago
Grayscale's recent reduction in holdings is really a bit heartbreaking; BlackRock is still sweeping, but the力度 is clearly not enough.
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DancingCandlesvip
· 12-16 08:39
Grayscale's recent reduction in holdings is really impressive. BlackRock is buying up while it’s selling off. Why is the difference so stark? --- To put it simply, traditional funds still aren't as optimistic about ETH as expected. The enthusiasm has indeed cooled down a bit. --- A rebound between 2940-2960 could be attempted; if it breaks, then defend 2800. --- Institutional net inflow of 72,440 ETH sounds substantial, but compared to BTC, it still seems a bit modest. --- The sudden pullback on Friday was truly unexpected. The rally from Monday to Thursday was a complete waste.
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MetaverseHermitvip
· 12-16 08:37
BlackRock is still sweeping, while Grayscale turns around and sells. The operational logic of these two is really interesting.
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RetailTherapistvip
· 12-16 08:14
Grayscale is offloading again, and this pace is a bit alarming... BlackRock is holding steady, but are traditional funds really not that interested in ETH?
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