ethetfsapproved

According to Odaily, Sui Chung, the CEO of CF Benchmarks, has stated in an interview that all regulatory precedents indicate that ETH tokens should be classified as a 'commodity'. This statement comes amidst ongoing discussions about the nature and classification of various cryptocurrencies. Chung's assertion adds to the growing consensus among industry leaders about the status of ETH tokens. His comments are based on existing regulatory precedents, suggesting that the classification of ETH tokens as commodities is not a new concept, but rather a widely accepted view within the industry. However, it is important to note that the classification of cryptocurrencies can vary depending on the jurisdiction and the specific regulatory body involved. Therefore, while Chung's comments provide insight into one perspective, they do not necessarily represent a universally accepted viewpoint. This news highlights the ongoing debate about the nature of cryptocurrencies and their place within the global financial system. As the industry continues to evolve, the classification and regulation of cryptocurrencies like ETH will likely remain a topic of discussion.

| Parameter | Level / Target | Rationale |
|---|---|---|
| Entry Zone | $1,930 – $1,950 | Immediate support and historical "golden buying zone." |
| Target 1 | $2,150 | Reclaiming the February 8 high. |
| Target 2 | $2,400 | Key resistance and 50-day EMA convergence. |
| Target 3 | $3,100+ | Medium-term recovery target (expected March bull cycle). |
| Stop Loss | Below $1,860 | Protecting against a 30% breakdown toward $1,385. |
🔍 Technical Analysis & Market Context
The Bullish Case (Why Long?)
* Support Holding: ETH is hovering near the $1,937 floor. Historical data suggests that staying above $1,866 is critical to avoid a deeper crash.
* Institutional Interest: Reports indicate renewed institutional buying, including a recent $86.8M purchase by major endowments, providing a "buy the dip" floor.
* Bullish Divergence: Some 4-hour charts are flashing a bullish RSI divergence, suggesting that selling momentum is exhausting despite the lower price action.
* Cyclical Pivot: Analysts suggest that if the February lows hold through the end of the month, March 2026 could mark the start of a fresh macro bull market.
Risks to Consider
* Exchange Inflows: Roughly $887 million worth of ETH has recently moved onto exchanges, which could signal potential selling pressure if the $1,900 support breaks.
* Macro Headwinds: The market is awaiting the U.S. Supreme Court tariff ruling (expected today, Feb 20), which may cause short-term volatility across all risk assets.
🛠️ Trader’s Checklist
* Wait for Confirmation: Look for a 4-hour candle close above $1,960 before entering to ensure the $1,937 support has truly held.
* Monitor Volume: A long entry is much safer if accompanied by rising trading volume, indicating buyer conviction.
* The $2,205 Level: Reclaiming this specific level would officially invalidate the current bearish "Realized Price Trap" thesis.
> Note: Trading involves significant risk. Always use a stop-loss and never risk more than you can afford to lose.

$ETH
#Ethereum #ETHETFsApproved

Markets price in expectations before the data is released. When actual data is lower than forecast:
📉 Bond yields can fall
💱 The yen may strengthen or weaken depending on reaction
📈 Equities may move sharply
💥 Volatility increases
Smart traders focus on this “surprise factor”, not just the headline number.
💴 Watch the Yen and Bond Yields First
Bond markets often react before stock markets.
Keep an eye on:
Japanese bond yields
The Japanese yen
Volume spikes
Technical breakouts
Candlestick patterns and strong volume can show which direction the market prefers.
📆 Think in Trends, Not Headlines
Do not react to just one data point. Look at multi-month trends.
Ask yourself:
Is inflation trending lower consistently?
Is this part of a bigger slowdown?
Or is it just temporary noise?
Professional traders build scenarios, not certainties.
Lower inflation increases the probability of policy changes — but probability is not confirmation.
🚀 What This Means for Crypto
If lower inflation leads to easier monetary policy, liquidity could return to risk assets. That can benefit crypto markets.
Traders should closely watch:
$BTC (Bitcoin) for breakout strength
$ETH (Ethereum) for momentum confirmation
Liquidity and policy expectations often drive major crypto moves.
Stay flexible. Build scenarios. Manage risk.
Markets reward preparation, not prediction.$ETH
#ETHETFsApproved #cryptouniverseofficial

On the surface, the on-chain picture looks constructive. The Exchange Supply Ratio on Binance continues to trend downward, meaning fewer $ETH are being held on the exchange. Traditionally, that metric is interpreted as bullish — declining exchange balances suggest reduced immediate selling pressure and a shift toward long-term holding behavior.
But markets don’t move on isolated metrics. They move on demand.
And right now, price action tells a very different story.
Despite the steady decline in exchange supply, ETH continues to struggle. Price has been trending lower, momentum remains weak, and rallies are being sold into. When supply is shrinking yet price cannot stabilize — let alone rally — it exposes the real issue: demand is not strong enough to absorb existing pressure.
A falling exchange balance does not automatically equal bullish accumulation. It can mean coins are moving to staking contracts. It can mean OTC transfers. It can mean internal reallocation between wallets. What it does not guarantee is aggressive spot buying.
If fresh capital were entering the market, reduced exchange supply would amplify upside volatility. Instead, we’re seeing the opposite — shrinking balances paired with fading price. That disconnect is a sign of structural weakness, not hidden strength.
The broader context matters.
Liquidity across crypto remains thin compared to peak cycle conditions. Risk appetite is subdued. Institutions are selective. Retail participation is significantly lower than during prior expansion phases. Without new inflows, reduced supply alone cannot push price higher.
Derivatives markets are playing a major role here. Even as spot supply declines, perpetual futures positioning and funding dynamics can suppress price. If shorts are opening aggressively and funding remains skewed, price can grind lower regardless of exchange balances. In bear environments, derivatives often dictate short-term direction more than spot flows.
Technical structure reinforces this caution.
The 50-day and 100-day simple moving averages are both sloping downward. Trend momentum has not flipped. Lower highs continue to form. Until those structural elements change, on-chain metrics remain secondary confirmations — not primary catalysts.
It’s important to understand sequence:
First, trend shifts.
Then demand strengthens.
Only after that do declining supply metrics amplify expansion.
Right now, we are missing step one.
This doesn’t eliminate upside potential. In fact, a declining exchange supply ratio can create asymmetry. If short positioning becomes overcrowded and price finds a catalyst — macro relief, ETF flows, or sudden spot demand — the reduced supply could intensify a squeeze. Thin order books combined with forced covering can produce sharp vertical moves.
But that is conditional.
At present, structure suggests a market in defensive mode. Momentum is weak. Liquidity is cautious. Buyers are reactive, not aggressive.
In bull markets, declining exchange balances signal accumulation.
In bear markets, they can simply signal disengagement.
Until $ETH reclaims key moving averages and prints sustained higher highs, the broader narrative remains unchanged: demand is insufficient to support a lasting upward trend.
Low supply is not enough.
Without buyers stepping in with conviction, reduced availability of coins does not create strength — it simply reflects a quieter market.
And in this phase, quiet does not mean accumulation.
It means hesitation.
#Ethereum #ETHETFsApproved H #Crypto $ETH

South Korean prosecutors have recovered $21 million worth of bitcoin that was stolen from their custody last year.
authorities blocked centralized exchange transactions involving the stolen assets, though prosecutors said the hacker’s identity remains unknown.
The hacker returned the bitcoin after authorities blocked centralized exchange transactions involving the stolen assets, though prosecutors said the hacker’s identity remains unknown
South Korean prosecutors have recovered roughly $21.4 million worth of bitcoin
BTC-1.53%
stolen from their custody last year, according to local media report
Last December, the Gwangju District Prosecutors' Office discovered that they had lost the bitcoin seized from a raid on a gambling platform. An internal investigation revealed that the bitcoin was hacked in August after investigators mistakenly accessed a phishing website and entered recovery seed phrases.
On Tuesday, the hacker returned 320.8 BTC to the wallet held by authorities, local news outlet Digital Asset reported. Prosecutors said they had blocked centralized exchange transactions involving the hacker's wallet, making it difficult to liquidate the bitcoin. The hacker’s identity remains unknown.
Prosecutors have since moved the returned bitcoin to a local exchange for safekeeping and will continue to track down the hacker's identity, the report said.
Meanwhile, the incident has prompted a nationwide review of investigative agencies' management of seized digital assets. Last week, the investigation revealed that the Seoul Gangnam Police Station has also lost track of 22 BTC stored in a cold wallet since 2021.
The Gyeonggi Bukbu Provincial Police Agency confirmed with The Block that it has launched an internal probe to determine the exact circumstances of the leak and whether there was any internal involvement.
#AmanSaiCommUNITY
#ETHETFsApproved
#Notcion
#haroonahmadofficial
#BinanceHerYerde .