ETH ETF Inflows & Market Analysis Update
Hey DeFi University Skool Community! David here, breaking down a video segment (43:46-47:14) on ETH ETF inflows, market trends, and technical indicators from our Market Review live call earlier today. š What I Covered in the Video We're may potentially see another positive week of ETF inflows while ETH hits resistance at $3850 and with daily RSI at 76 - firmly in overbought territory. The 4H chart could soon be flashing bearish divergence, which typically hints at a short-term sideways move or pullback coming. My take? I'd be taking profits above $4,100 if inflows push us there. Sure, momentum can stay hot for a while, but history shows us that RSI above 70 often marks pause points. š Historical Pattern: Looking back at early 2024, we had a roughly 20-day period where RSI on the daily remained above 70 however that marked an immediate term top. Right now at 76 on the daily, we're seeing similar conditions. Keep in mind that RSI can remain overbought for a long time. This doesn't mean ETH suddenly reverses. ā ļø Warning Signal: The potential for bearish divergence on shorter timeframes is particularly interesting - if that were to happen, RSI would be making lower highs and lows while price keeps pushing higher. This usually means we get relief through consolidation. š” Bottom Line: Yes, inflows could help ETH break resistance, but endless rips aren't sustainable. Lock in those gains strategically! š Current Market Snapshot (July 21, 2025) š„ Price Action: ETH is trading between $3,760-$3,850, hitting a 2025 high of $3,848 today - that's a 26% pump in just a week thanks to the ETF buzz. š° Inflow Numbers: Absolutely historic with $2.18B last week according to Bitcoin.com, and some reports showing $4.39B in flows ending today. The surge continues with no reversal in sight. š Technical Readings: Daily RSI readings are all over the place - TradingView shows 63.4 but other analysts are noting extreme levels near 90. When you see 6-7 days above 70, that's typically when tops begin to form.