BREAKING

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

ETH

ETH/USDT

$1,686.64
+2.51%
24h Volume

$10,746,532,123.29

24h H/L

$1,693.59 / $1,632.71

Change: $60.88 (3.73%)

Long/Short
71.3%
Long: 71.3%Short: 28.7%
Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,668.93

-0.27%

Volume (24h): -

Resistance Levels
Resistance 3$1,817.22
Resistance 2$1,747.34
Resistance 1$1,671.20
Price$1,668.93
Support 1$1,620.09
Support 2$1,505.68
Support 3$1,244.77
Pivot (PP):$1,668.89
Trend:Downtrend
RSI (14):30.9

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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