The Death Cross of Ether: A Ballet of Bankruptcy or a Bear Market Masquerade?

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Behold, dear reader, the grand spectacle of Ethereum’s price, now entangled in the macabre waltz of a “death cross” on the weekly chart. Will this digital phantom plunge into the abyss as its ETFs weep billions into the void? Only time-or perhaps a séance with a crystal ball-shall tell.

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Death crosses, you see, are the stockbroker’s dirge. When paired with other bearish whispers, they compose a symphony of doom only a contrarian could love.

ETH’s recent antics have adhered to a descending parallel channel-a prison of price bars erected since mid-August 2023. Within these walls, the altcoin king remains a houseguest who overstayed his welcome, destined for a prolonged sojourn in the dungeon of decline.

With ETH now beneath the 23.6% Fibonacci retracement ($2,200), the path forward gleams with the promise of a $1,380 abyss-a 30% plunge that would make even the most jaded investor reach for their smelling salts. Should the bulls rally, they might yet defy fate and reclaim $2,200, though such a feat would require the courage of a lemming charging a waterfall.

Ether ETF Flows: A Tragic Exodus or a Case of Mass Hysteria?

The demand for Ethereum has waned like a candle snuffed by a passing breeze. SoSoValue’s data reveals $278 million has fled the nine spot ETFs this month, a trickle compared to November’s $1.42 billion hemorrhage. Yet, the cumulative outflows over four months now eclipse $2.6 billion, a financial exodus rivaling the parting of the Red Sea.

These withdrawals, dear reader, are not mere numbers-they are the erasure of retail hope, the dismantling of a safety net once thought impervious. What remains is a market as fragile as a soufflé in a hurricane.

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tag and not repeated in the body. Add some Bulgakov-style flourishes to the closing paragraphs, maybe ending with a rhetorical question that underscores the futility or irony of the market’s current state.<br /> End of Thought (12.70s)</p> <p>

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2026-02-18 13:18