According to CoinShares, digital asset investment products saw outflows of $414 million last week. Market expectations for the Federal Reserve's June interest rate meeting have shifted from rate cuts to rate hikes, with global assets under management (AuM) falling to $129 billion, retreating to early February levels and approaching the early stage of the Trump tariffs policy in April 2025. Ethereum was the most pressured, possibly related to news about the Clarity Act, with a weekly net outflow of $222 million, bringing the total net outflow for the year to $273 million, the worst performance among all digital assets. Bitcoin experienced a weekly net outflow of $194 million but still maintained a net inflow of $964 million for the year; short Bitcoin products continued to record a net inflow of $4 million.

Just looking back at that ethereum price action from October 21 when ETH broke out of that symmetrical triangle. Pretty solid move at the time. Anyway, the support level around $2,553 (the 20-day EMA back then) was key to watch. If bulls held that, we'd see a push toward $2,850 as the next resistance zone. The interesting part was the invalidation scenario - if price cracked below that support level sharply, it could've trapped the whole thing back in the triangle for days. I remember watching the 4-hour chart closely because that's where you'd catch the real momentum shifts. When the price rode above the resistance line, it signaled the bulls had the upper hand. The moving averages acted as crucial support throughout. If buyers managed to break $2,850, the next target would've been $3,400. But yeah, anything below $2,550 would've killed the bullish momentum pretty quick. That's the kind of level you watch as a trader.

Daytime double hit, perfect takeoff🛫🛫🛫 Only when you are good enough can you shoulder the heavy responsibilities. The one who can always influence your life is yourself. Birth sets the starting point, choices determine the direction, and mindset influences life. ​​ #Gate金手指 #BTC能否守住6.5万美元？ #国际油价走高