Ethereum Price Prediction: ETH Clings To $1,900 Support After $129M ETF Exodus
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Ethereum is currently trading at $1,977, having fallen below major EMAs due to $129M in ETF outflows, primarily driven by Fidelity’s redemptions. The price is testing the crucial $1,900 support level after a 10% decline over the past week. The Glamsterdam upgrade is expected in H1 2026 to improve scalability and MEV fairness.
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- Ethereum trades near $1,977 after $129M in ETF outflows, testing the $1,900 psychological support zone.
- Price falls below all major EMAs as Supertrend flips bearish at $2,472, confirming downside momentum.
- Glamsterdam upgrade scheduled for H1 2026 with Hegota launch later in the year to enhance scalability and MEV fairness.
Ethereum price today trades near $1,977, up slightly in the past hour after testing the $1,900 support level following a 10% drop over the past week. The move comes as Ethereum spot ETFs recorded $129 million in outflows on February 11, marking one of the largest single-day exits since launch.
ETF Outflows Accelerate As Fidelity Leads Redemptions
According to SoSoValue data, Ethereum spot ETFs saw $129.18 million in net outflows yesterday, with Fidelity’s FETH leading the selling at $67.99 million. Total net assets now stand at $11.27 billion…
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