$ETH Capital outflow: The ETH ETF experienced a net outflow of $643.9 million within a week, with BlackRock's ETF recently selling $75.4 million.

Whale sell-off: Notable cryptocurrency figure Arthur Hayes reportedly sold 680 ETH to purchase altcoins, indicating that capital is shifting away from ETH.

Bearish momentum: Short-term technical indicators show bearish momentum, with the MACD line below the signal line and a declining RSI value, indicating downward pressure.

Mixed outlook: Opinions in community discussions are divided, with some expecting a significant rise in ETH while others warn of potential pullbacks and complex market dynamics.