Ethereum holds $2,652 as ETF inflows hit $834M; traders still target $3,000
- —ETH trades near $2,652, above its 50-, 100- and 200-day EMAs at roughly $2,260–$2,430
- —US spot Ether ETFs recorded six consecutive days of inflows totaling $834 million
- —ETH's 365-day MVRV ratio moved above zero, a signal that preceded prior bull cycles
- —RSI at 58 with a marginally negative MACD; nearest support sits at $2,500
Why it matters: Holding $2,500 and breaking $3,000 will determine whether ETH's medium-term uptrend continues on sustained institutional demand.
Source: Invezz