{"id":18349,"date":"2025-12-19T11:36:02","date_gmt":"2025-12-19T11:36:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/eth-price-forms-bearish-setup-amid-six-day-etf-outflow-streak-more-losses-coming\/"},"modified":"2025-12-19T11:36:30","modified_gmt":"2025-12-19T11:36:30","slug":"eth-price-forms-bearish-setup-amid-six-day-etf-outflow-streak-more-losses-coming","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/eth-price-forms-bearish-setup-amid-six-day-etf-outflow-streak-more-losses-coming\/","title":{"rendered":"ETH price forms bearish setup amid six-day ETF outflow streak, more losses coming?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum price dropped nearly 18% over the past week as U.S. Ether ETFs logged six straight days of outflows that seem to be weighing on investor sentiment. A bearish reversal pattern on the daily chart now flags the risk of more losses ahead.<\/p>\n<div id=\"cn-block-summary-block_7bae08c61f373bfabbef73f96c7a9769\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>ETH price dropped nearly 18% over the past week.<\/li>\n<li>U.S. Ether ETFs recorded $630 million in outflows over a six-day outflow streak.<\/li>\n<li>Multiple bearish patterns have formed on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Ethereum (ETH) price dropped to an intraday low of $2,781 on Friday, Dec. 19, down 18% from last week\u2019s high of $3,390 and 39% below its yearly peak.\u00a0<\/p>\n<p>Ethereum price dropped amid waning demand for its spot ETFs among institutional investors. According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"nofollow\">data<\/a> from SoSoValue, U.S. spot Ether ETFs experienced net outflows for six consecutive days, totaling $630 million shed by the funds. Such continuous outflows from these institutional products tend to dampen investor appetite and often instill more selling pressure on the asset.<\/p>\n<p>Broader macroeconomic factors, including the Fed\u2019s recent hawkish tone surrounding lesser rate cuts in early 2026 and the Bank of Japan\u2019s decision to increase interest rates by 0.25% to 0.75%, its highest in 30 years, have also kept investors at bay from crypto assets, including Ethereum.<\/p>\n<p>ETH price is also facing pressure from the liquidation of highly leveraged traders in its derivatives market. Data from CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ETH\" target=\"_blank\" rel=\"nofollow\">shows<\/a> that nearly $158 million worth of positions were liquidated over the past 24 hours, adding further downward pressure on price.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h1 class=\"wp-block-heading\">ETH price analysis<\/h1>\n<p>Ethereum price has formed an ascending broadening wedge pattern for over four weeks, marked by higher highs and higher lows, with bears starting to reassert pressure. A breakdown from such a pattern is typically seen as a signal for a bearish trend reversal in the days ahead.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">ETH price has formed multiple bearish patterns on the daily chart \u2014 Dec. 19 | Source: crypto.news<\/figcaption><\/figure>\n<p>At press time, ETH was close to a breakdown below the lower trendline of the pattern. If this trendline breaks, it could lead its price to fall below $2,629, a level that acts as the neckline of an inverse cup and handle pattern. It is a larger bearish structure formed over multiple months and implies the downtrend may continue.<\/p>\n<p>Technical indicators are also flashing bearish signs. For instance, the MACD lines were trending downwards, a sign that the downtrend has not yet lost momentum. Meanwhile, with the Aroon Down surging to 92.86% and the Aroon Up languishing at 35.71%, technical data confirms that downward momentum continues to dictate market direction.<\/p>\n<p>For now, $2,629 is the key level to watch. Failure to hold this could lead ETH price to drop to $2,400 next. The said level has acted as a strong floor for ETH throughout this year, and losing it may open the door to further downside.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price dropped nearly 18% over the past week as U.S. Ether ETFs logged six straight days of outflows that seem to be weighing on investor sentiment. A bearish reversal&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=18349"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18349\/revisions"}],"predecessor-version":[{"id":18350,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18349\/revisions\/18350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11571"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}