Ethereum Price Prediction: $130M ETF Inflows Fuel Rally As Bulls Test $2,145 Breakout
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Ethereum price is currently at $2,129, testing the Keltner Channel resistance at $2,145. Institutional ETF inflows reached $130 million on March 4, the highest since early February, contributing to a 15.47% rise in open interest to $28.71 billion. Overall trading volume surged 34.74% to $77.96 billion, indicating bullish sentiment as the market aims for a $2,200 breakout.
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- Ethereum tests Keltner Channel resistance at $2,145 as open interest surges 15.47% to $28.71 billion.
- $130M in ETF inflows on March 4 mark the largest institutional buying since early February, led by Grayscale’s $99.51M.
- Volume explodes 34.74% to $77.96 billion while price consolidates within ascending channel, targeting a $2,200 breakout.
Ethereum price today trades near $2,129.01, up 0.39% after testing the upper Keltner Channel resistance at $2,145. The move places buyers in control as institutional flows surge and derivatives positioning shifts bullish following weeks of consolidation.
ETF Inflows Hit $130M As Institutions Return
Ethereum spot ETFs recorded $130.08 million in net inflows on March 4, the largest single-day institutional buying since early February. Cumulative net inflows now stand at $11.76 billion, representing 4.79% of Ethereum’s market ca…
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