Ethereum rises 1.11% as ETF outflows keep weighing
BROBROK News · Based on reporting by DiarioBitcoin ·
ETH rose 1.11% to $2,266.47, but the move came on light volume and the price remains below several short- and medium-term moving averages. Prolonged outflows from U.S. Ethereum ETFs remain the clearest bearish factor, while the exact reason for the day’s rebound is not identified in the available data.
Key points
- ETH gained 1.11% to $2,266.47 in a rebound that is not technically confirmed.
- Daily volume was well below the 30-day average.
- Price remains under the 7-, 15- and 30-day moving averages, but above the 200-day average.
- RSI at 34.3 and a bearish MACD point to lingering weakness.
- U.S. Ethereum ETFs saw more than $1 billion in outflows during October.
Why it matters
For crypto investors, this points to a fragile rebound that still needs stronger volume and technical follow-through. ETF outflows suggest institutional pressure that may continue to affect ETH sentiment.
Original headline: “Ethereum sube 1,11% mientras persisten las salidas de ETF: niveles clave para el 1 de noviembre de 2026”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.