Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY bears maintain upper hand 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900 
FxWirePro: EUR/AUD downward momentum remains in place 
ETHUSD trades below $3000 despite upbeat market sentiment. It hit a low of $2864 at the time of writing and is currently trading around $2960.
JP Morgan said that the SEC will approve ETH ETF despite scrutiny faced by Robinhood. Markets eye the SEC ETH ETF approval deadline of May 23rd, 2024 for further movement.
The intraday bullishness is possible if it holds above $3200. On the higher side, the near-term resistance is $3200. Any significant jump above the target is $3300/$3360/$3400/$3500/$3620/$3700/$3800/$4000. Significant bullish continuation only above $4800.
The immediate support is around $2800. Any breach below $2800 confirms bearish continuation. A dip to $2700/$2500 is possible. A violation below $2500 will drag the Ethereum to $2300/$2000.
It is good to buy on dips around $2800 with SL around $2500 for TP of $4000.
