Ethereum ETFs See Over $3B Inflows, Holds $4.4K Support, Eyes $15K
Ethereum ETFs recorded $2.85B inflows last week, including $241M via ETH ETFs, marking historic institutional demand. Ethereum reached multi-year highs near $4,800 before consolidating around $4,400, supported by declining exchange supply and adoption by public companies. The price holds above its 50-, 100- and 200-week moving averages, indicating solid support. Traders will watch ETF flows and the $4,400 support zone for potential rebounds and a clear break above $4,900 to confirm the next bullish leg. Analysts predict continued ETF demand could drive Ethereum toward $15,000, underpinning both short-term rallies and long-term growth.
Bullish
Strong ETF inflows and record institutional demand signal robust buying interest in Ethereum. Price action holding above key support levels and moving averages suggests stability, while the prospect of a break above $4,900 and analyst forecasts of $15,000 indicate potential upside momentum. These factors point to a bullish outlook for both short-term rallies and long-term growth.