BREAKING

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

ETH

ETH/USDT

$1,925.42
+2.67%
24h Volume

$12,141,385,136.18

24h H/L

$1,928.57 / $1,843.14

Change: $85.43 (4.64%)

Long/Short
59.8%
Long: 59.8%Short: 40.3%
Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,920.07

0.80%

Volume (24h): -

Resistance Levels
Resistance 3$2,063.38
Resistance 2$2,009.26
Resistance 1$1,936.75
Price$1,920.07
Support 1$1,888.69
Support 2$1,848.36
Support 3$1,732.75
Pivot (PP):$1,888.69
Trend:Uptrend
RSI (14):63.7

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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