Ether price trend forecasts triple-digit rally as ETH ETF inflows resume
Ether (ETH) price is consolidating near $3,200 after facing resistance between $3,350 and $3,650, a zone aligned with the 200-day EMA. Despite this pullback, spot ETH ETF inflows have shown early signs of recovery, rising 28% from $16.8 billion to $21.5 billion since November 21. Net taker volume, while still negative at –$138 million, has improved significantly from October’s –$500 million, indicating reduced selling pressure and a potential shift in market structure. If this trend continues, it could signal a bullish breakout, reminiscent of early 2025 before ETH’s 3x rally. However, ETH is currently testing key support between $3,100–$3,180. A hold above this level could lead to a rebound toward $3,450 and possibly $3,900, while a breakdown might trigger a retest of $3,000. Derivatives data shows neutral but fragile sentiment, with mildly positive funding rates and near-neutral bid/ask ratios. The next major price move depends on whether improving ETF inflows and taker activity translate into sustained buying pressure.
cointelegraph12/11 20:43