Ethereum đối mặt với áp lực giảm gần $1,800 do dòng tiền ra khỏi ETF và đòn bẩy tăng lên

The Huoxing Finance report states that after breaking below the key support at $2,000, Ethereum continues to exhibit weakness, with market analysts warning that short-term "downward pressure" remains dominant, as traders focus on the defense of the $1,800–$1,750 support zone. CryptoQuant analyst PelinayPA noted that ETH’s estimated leverage remains relatively high at approximately 0.74, and funding rates have remained positive since April, indicating crowded long positions, yet prices continue to weaken; the RSI is around 31, nearing oversold levels but without forming a valid rebound signal. The U.S. spot Ethereum ETF has recorded net outflows for 13 consecutive trading days, totaling approximately $695 million, with a single-day maximum outflow of about $121 million, reflecting sustained cooling in institutional demand. Amid high leverage, crowded longs, and persistent ETF outflows, ETH maintains a weak structure, with short-term risks tilted downward; the $1,800 support level has become a critical observation point for market sentiment and technical analysis.