Ethereum Price Prediction: Today’s Options Expiry as 10 Straight Days of ETF Inflows Snap
Ethereum's 10-day ETF inflow streak ended with a $75.9 million net outflow on April 23, causing Ether's price to slip to $2,300. A large $8.6 billion BTC/ETH options expiry is expected to add near-term volatility to the market.
Ether's price slipped to $2,300 after a $75.9 million net outflow from spot Ethereum ETFs on April 23, ending a 10-day inflow streak. The outflow compares poorly with the prior session's $96.4 million inflow. In contrast, spot Bitcoin ETFs drew $223 million, extending their inflow streak to eight days. An $8.6 billion BTC/ETH options expiry is set to land today, with Bitcoin dominance at 60%. ETH opened today at $2,375 before sliding to $2,310, below the $2,400 uptrend level. Binance analysts flag $2,500 as a critical resistance level. The Fear & Greed Index sits at 39, and RSI registers around 58, technically neutral. If ETH reclaims $2,400 with recovering volume, it could retest the $2,800–$3,000 resistance.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.