Ethereum ETFs DUMPED $697M.. So What Did I Do? #shorts
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Marzell CryptoIndependent analyst profile- Source published
- 12 Oct 2026, 10:46 UTC
- Recorded by Tahlil Plus
- 12 Oct 2026, 13:00 UTC
AI-generated source summary
The video discusses recent outflows from Ethereum ETFs, totaling $697 million over 9 days, marking the worst week since January. On Thursday, Ethereum saw a significant drop, reaching a low of 2406. However, it subsequently recovered with three consecutive green closes, closing Sunday at 2536.94, a 5.4% increase from Thursday's low, outperforming Bitcoin. Historically, streaks of selling pressure followed by rebounds have often occurred at significant lows, with 5 out of 8 such instances leading to higher prices within 30 days. The speaker maintains a long position on ETHUSDT, entered at 2452, with a take profit target of 3159 and a stop loss at 2261. The trade is invalidated if a daily close occurs below 2261. An additional long position will be added if the daily close is above 2586.
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Marzell Crypto
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