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Ethereum Price Prediction: $2,000 Support Test Deepens Despite $57M ETF Inflow Recovery


Ethereum Price Prediction: $2,000 Support Test Deepens Despite $57M ETF Inflow Recovery

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  • Ethereum falls below the 20/50/100/200-day EMAs, trading near $2,103 despite ETF inflows returning after three days of redemptions.
  • $57 million in institutional inflows fail to halt the breakdown as open interest rises 1.48% and long/short ratios remain elevated at 2.39.
  • Sellers target $2,000 psychological support with next demand zone sitting at $1,900 to $1,850 if the floor breaks.

Ethereum price today trades near $2,103, down over 4% in the past 24 hours after breaking below critical support that held since late January. The move places technical pressure on buyers despite improving institutional flows, suggesting the chart structure is driving the sell program rather than fundamental positioning.

ETF Inflows Return But Fail To Reverse Price Action

Ethereum spot ETFs recorded $57.05 million in net inflows on February 9, according to SoSoValue data. The revers…

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