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ETHUSD Dives as ETF Outflows and Leveraged Longs Threaten $1,800 Support

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The Story

News Summary

  • Ethereum faces persistent downward pressure as technical exhaustion and spot ETF outflows weigh on sentiment.
  • Despite minor rebounds, the asset remains trapped in a bearish structure with crowded long positions and significant liquidation risks looming near the critical $1,800 support zone.
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ETHUSD price history

2404.61 +22.37% over the displayed period

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