ETH falls below the $2600 mark

The 2-hour cycle shows that the trading volume of the Black Three Soldiers pattern is extremely shrinking, and the distribution of member exclusive chips reveals a strong resistance band in the 108860-109573 area. The current price is below EMA24/52, and the medium - to long-term trend is weak. The J value has entered the oversold zone, combined with the RSI double bottom pattern, indicating short-term rebound demand. However, the price continues to narrow above 103000, and if it falls below, it will open up downward space. Suggest focusing on the effectiveness of 103000 support. Open a membership now and get accurate chip distribution and real-time buying and selling point tips! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

According to AiCoin monitoring, the net outflow of US spot BTC ETFs reached $616 million yesterday, the highest daily net outflow since March 10th. Among them, IBIT had the largest outflow of funds, reaching 431 million US dollars; Next is ARKB, with an outflow of $120 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

According to BlockBeats, on May 31st, according to Onchain Lens monitoring, a whale deposited 1.7 million USDC (totaling $4.3 million) into HyperLiquid, increasing its ETH long position with 25 times leverage. At present, the nominal value of the ETH position has reached 75.27 million US dollars, with a floating loss of 1.4 million US dollars.

SharpLink Gaming has submitted Form S-3 ASR to the US SEC, registering securities with a total size not exceeding $1 billion for future issuance of common stock subject to market conditions. After this issuance, the maximum number of common shares issued can reach 72051288 shares. The vast majority of the proceeds from this issuance will be used to purchase Ethereum (ETH), the native cryptocurrency of the Ethereum blockchain. It is also planned to use the proceeds from this issuance for working capital needs, general corporate purposes, operating expenses, and more. Previously, SharpLink Gaming announced that it will complete a private equity financing of approximately $425 million, with Consensys as the lead investor. The transaction is expected to be completed on May 29th. The financing funds will be used to purchase Ethereum (ETH) and establish ETH as the company's main reserve asset.

OKX-BTC/USDT is currently trading at $103510, with a 5-minute drop of 0.00%. Please pay attention to market fluctuations.