Etherum Eyes 2,000 $ as Spot Etfs Etfs Buck Worrying Trend

Etherum Price this week bounced this week as investors bought the DIP, and the fear and greed index went out in the fear zone.

Ethereum (El) He went to $ 1,800, but 30% from his lowest level this year. Unposition, which coincided with those other cryptures, pushed his market hat to almost $ 220 billion.

There are signs that crypto investors accept fear of missing or FOMO. Cripto Fear and greed index jumped from the end area of ​​fear 18 to a neutral point $ 53 today. If the trend gets a couple, they will soon enter the zone of greed.

Furthermore, Wall Street investors become interested in Ethereum while it was abolished by a worrying trend. All Spot ETFS had a net inflow over $ 157 millionthe best performance since February. They had net outflows in the last consecutive weeks, the longest loss of strip from their approval.

Etherum had other positive metrics this week. For example, the DEK protocols in the network handle Over $ 11.5 billion volume, bringing a volume of 30 days to $ 57 billion. The 24-hour circumference rose to $ 1.7 billion, with Unisvap, curved finances, fluid and Maverick protocol that have the largest market share.

Etherum price can continue well in the coming days of how investors target a psychological point to $ 2,000. The risk of this appearance is that the constant futures funding rate has strayed, a sign that short sellers pay compensation to customers to pay their shops.

Technical analysis of Etherum

The daily shows that in the last few days of the Robar in Ettina. She jumped and crossed the upper side of the spider wedge sample, a popular Bikovski torque.

The coins crossed a little over the 50-day weighted average average and formed a small pattern of bakery, popular to market market.

Therefore, the coin will probably continue to make the bulls aimed psychological point to $ 2,000. Complete Bullofni discontinuations will be confirmed if the coin jumps above the key resistance to $ 2.120, neckline on a triple-bottom that formed a weekly chart.