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Ethereum's Bullish Momentum Tested by Resistance, ETF Inflows Provide a Lifeline

ETH ETF Bullish Momentum Tested by Resistance

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

Ethereum's price is currently navigating a critical resistance level, despite a recent surge in positive inflows into spot Ethereum ETFs. On Monday, these ETFs saw over $5 million in net inflows, breaking a three-day streak of outflows and injecting optimism into the market. This development offers a potential catalyst for ETH's price, though significant resistance remains a key hurdle.

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