ETH Slides 35% in a Month as ETF Flows Turn Negative

Ether dipped below $1,900 to roughly $1,830 during Asian trading, extending 30-day losses to about 38%. ETH is trading below its realized price and below the average cost basis of $2,380, a historically bearish setup. Technicals show a bear‑flag with targets of $1,400–$1,500 and analyst warnings of possible falls to $1,100; a larger bottom may not form until the 50‑week EMA crosses below the 100‑week EMA. On‑chain and market‑flow indicators show strong US selling — Coinbase Premium is deeply negative (near 2022 levels) — and spot ETH ETFs recorded roughly $1.3 billion of outflows over five weeks, signaling continued downside pressure.
AI Analysis
Price fell to ~ $1,830 (below $1,900) and 30‑day losses are ~38%; ETH trades below its realized price and the average cost basis ($2,380). Technical analysis cited a bear‑flag with $1,400–$1,500 targets and warnings of declines to $1,100; a deeper bottom linked to the 50‑week EMA crossing below the 100‑week EMA. On‑chain/market‑flow data show strong US selling: Coinbase Premium is deeply negative (near 2022 levels) and spot ETH ETFs had about $1.3 billion of outflows over five weeks.