#PowellRemarks #ETHETFsApproved #ETH is currently trading atย 3867.16 USDT, above the key short-term support zone nearย 3700 USDT, but recent volatility and capital outflows suggest the level could be tested soon.
Institutional interest (e.g., BlackRockโs $46.9M ETH purchase) supports medium-term bullish potential despite recent ETF outflows.
Broader market sentiment is cautious (Fear-Greed Index at 22), but BTC stability and Solana's strong momentum could provide indirect support to ETH if risk appetite returns.