BREAKING
408d 9h ago

Ethereum Surges with Record $21 Billion ETF Inflows: Projected to Hit $6,000 by 2025

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

As reported by COINOTAG News on December 28, the launch of the U.S. Ethereum spot ETF has facilitated a remarkable cumulative net inflow of over $21 billion in December, nearly doubling the previous month’s figures. This surge in ETF inflows is being interpreted as a favorable indicator for Ethereum’s price trajectory. Investment firm VanEck maintains an optimistic outlook, predicting that Ethereum could reach highs of $6,000 by 2025.

Cryptocurrency analyst TMV has noted that Ethereum appears to be undergoing an accumulation phase, which positions the asset to potentially exceed $4,400 in early 2025. However, should Ethereum’s price decline below $2,914, this bullish sentiment may prove unfounded. In addition, a representative from Bybit hinted at a possible price increase above $4,000 by January 20, coinciding with President Trump’s anticipated inauguration.

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