Velvet6
@velvet6
On May 24, Ethereum first dropped over 5% in early trading and then rose slightly. Initially, investors might have locked in profits after an upgrade, causing selling pressure. But ETF investors kept buying, with net inflows into Ethereum ETFs. Also, the decline in short-term bearish sentiment and futures funding rates supported the slight rise. In the future, if ETF inflows continue and bullish factors persist, the price may rise; otherwise, it could face pressure.
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