Post
Muzammil Web3
$ETH is hovering around $2.7K, but I’m not reading this as a clean breakout yet.
OI in ETH is down to 12.49M ETH, the lowest since March, while funding stays mildly positive.
Taker flow is also weak at 0.75, showing sellers are still active.
ETF flows have also cooled, with about $59.6M outflow on Sep 30.
For me, $2,750–$2,800 is the key supply zone.
If ETH reclaims and holds above it, the setup changes.
Until then, I’m watching $2,670 and $2,636 closely.
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