TechFlow news, November 18 — According to a recent report by analyst Markus Thielen, the recent price correction of Ethereum had already shown data-based warning signals. The report指出 that Ethereum's price since summer has been primarily supported by continuous buying from Bitmine; as this buying pressure exits and with Ethereum ETFs having accumulated net inflows of $10 billion while long positions remain elevated, the lack of new capital entering the market has led to price pressure. To date, Ethereum has pulled back approximately 10% year-to-date, and nearly 20% since the initial risk alert. The analyst emphasized that this market evolution underscores the importance of "adhering to data-driven analysis" in building investment advantage.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号




