Spot ETFS shed $ 455 million in the last week

Etherum sits at a crucial support level as a demand for the high-speed stock exchange funds located on Wall Street.

Ethereum (El), the second biggest crypto, stagnated $ 2,100 in the last few days. This price is about 47% below the highest level in December and 45% lower than where it was in the same period last year.

The data show that Vall Street investors continued to delay property. Toward SassovedAll Etherum ETFS forwarded $ 120 million in the property last week after it lost $ 335 million in a total of $ 455 million.

The net inflow in this ETF’s ETF is $ 2.7 billion, much lower than Bitcoin’s (Btc) $ 37 billion.

Probably the reason for the weak trends of inflow is that Etherum fell and brought other cryptocurrency from 2024. Years.

Further, Etherum ETFs do not allow them to advocate, where investors generate return by delegating their tokens to ensure the network. Data from Stations It shows that Etherum gives about 3.25%. Etherum Coins worth over $ 73 billion are set.

Etherum has also faced more challenges. It is no longer the most profitable player in the crypt industry, because it is 2025. Stood at $ 202 million. It is lower than other network fees, including jito (Jto), Unisvap (Uni), Tron (Twitch) and Solana (Salt).

Etherum’s network is also faced with significant competition than popular layers-1 blocks such as salt and BNB and layer and layer-2s such as base and arbitrums.

Technical analysis of Etherum

The daily shows that in the last few months in the last few months. She fell from High $ 4,105 in November last year to $ 2,160.

The current price Etherum is important because it is small above the crucial support level to $ 2,000. It is also at an important level, where it failed below in August and September last year.

The most important thing, this price is on the cliff chart climate neckline. Therefore, it will lose this support to point out additional momentum, with the next point to make sure it is a psychological level to $ 1,500.