Ether ETFs surpassed $2.5B in inflows, signaling optimism despite a 10% price drop and resistance at $3,500.
Institutions like VanEck predict a $6,000 cycle top for Ether price during 2025.
Ether may be poised for a breakout, bolstered by the Ethereum exchange-traded funds (ETFs) surpassing the $2.5 billion milestone.
The United States spot Ether
ETH
tickers down
$3,491.11
ETFs surpassed $2.5 billion worth of total inflows on Dec. 24, when the ETFs received $53 million in cumulative net inflows, Farside Investors data shows.
Despite the positive ETF inflows, Ether’s price was down almost 10% on the weekly chart, trading at $3,475 at 1:00 pm UTC on Dec. 25, Cointelegraph Markets Pro data showed.
Ether’s price may see more upside momentum once it flips the $3,500 psychological mark into resistance,
according to crypto analyst Satoshi Flipper, who wrote in a Dec. 25 X post:
“ETH breaking out as expected, price now trying to flip the $3.5k level from resistance to support.”
Round psychological numbers like $3,500 invite increased retail investor attention, but investor sentiment could take a hit if Ether cannot cross the mark.
Ether to $4,000 before Trump’s inauguration: analyst
Crypto analysts are optimistic about Ether’s price trajectory leading into 2025.
Ether’s price may be on track for a rally above $4,000 before Jan. 20, when President-elect Donald Trump will take office, according to a Bybit spokesperson, who told Cointelegraph:
“Bybit analysts see $4,000 on the horizon for ETH before Jan. 20.”
