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#WeeklyHighlightPosts
Today’s focus is on Ethereum (ETH) and the latest movements we’re seeing on-chain. Over the past 24 hours, Ethereum withdrawals have slowed down, and instead, we’ve observed a net inflow of 2,411.92 ETH to centralized exchanges (CEXs).
So, what does this mean for the market? Let me break it down:
📌 Normally, when ETH moves from exchanges to wallets, it signals holding and accumulation, which is bullish. But when ETH flows into exchanges, it usually indicates that investors might be preparing to sell or trade their positions.
Right now, this inflow tells us two things:
1. Some investors could be looking to take profits after recent price movements.
2. It may also reflect a cautious sentiment where traders are positioning themselves for short-term volatility.
💡 My Thoughts:
This doesn’t mean Ethereum is turning bearish overall. The inflow number is relatively small compared to ETH’s daily trading volume, so it’s more of a short-term caution signal rather than a long-term trend reversal.
If the inflows continue to rise in the coming days, we might see selling pressure increase, possibly testing support levels.
On the flip side, if inflows drop again and outflows dominate, it will reinforce the idea that investors are still confident in Ethereum’s future—especially with staking and ecosystem growth.
📊 Key Levels I’m Watching:
Support: $2,350 – $2,400
Resistance: $2,520 – $2,600
To me, this situation is like the market pausing, catching its breath, and deciding the next move. Short-term traders may react quickly, but long-term ETH believers know that fundamentals like Ethereum staking, L2 expansion, and DeFi growth remain strong.