Spot ETH ETF inflows resumed, while demand for taker volume improved. Will Ether’s futures markets follow the trend and kickstart a rally toward new all-time highs?
Ether’s (ETH) price action cooled this week after a sharp rejection from the $3,650 to $3,350 supply zone, with the altcoin hovering near $3,200. The rejection aligned with the 200-day exponential moving average (EMA), reinforcing overhead resistance just as spot exchange-traded funds (ETFs) flows began showing early signs of recovery.
Key takeaways:
Spot Ether ETF flows have risen from $16.8 billion to $21.5 billion since Nov. 21, a 28% increase.
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