Crypto Swing Signals

Ethereum slips below 2200 amid profits/whale shorts but ETF inflows emerge

Ethereum slips below 2200 amid profits/whale shorts but ETF inflows emerge

ETH drops to 2100-2130/$2k on realized profits, whale shorts and Harvard dump but holds with oversold signals, bullish divergence, 30% volume spike and $2225 liquidation trigger. $1.25B ETF inflows since May 16 and Bitmine to 5.28M ETH provide support; weekly RSI buy signal noted. New: bear pennant on daily chart targeting $1,800, TVL crashes 55% to $116B (13-month low). Bitmine made largest ETH purchase this year (111,942 ETH) reinforcing institutional conviction. Near-term structure shows bearish rounded top forming, support at 2050-2070, resistance 2150. Breakdown below $2,050 opens path to $1,800. EF reducing ETH sales is positive long-term.

Sources (13)
Updated May 28, 2026