CandleFocus Ethereum price still weak despite strong ETF inflows
2024-12-11
Author: Content Editor
Ethereum has shown resilience in the face of market challenges, with consistent positive net flows into the asset's exchange-traded funds (ETFs). Daily inflows into Ethereum ETFs in the US reached $305.74 million, bringing cumulative inflows to $1.87 billion. This growth has occurred despite a 7% decline in Ethereum's price over the past three days. Institutional interest in Ethereum has been strong, with positive inflows throughout December. However, Ethereum's price is currently in a delicate position, trading within an ascending broadening wedge pattern, indicating potential volatility. The Fibonacci retracement levels show key support and resistance zones, with Ethereum currently testing the 78.6% level at $3,718. Breaking above this level could lead to a move towards the next resistance level at $4,091. Bearish signals have emerged, but the overall trend for Ethereum remains upward. A breakdown below the lower boundary of the ascending wedge pattern could indicate a bearish reversal.
Related News
Pro-crypto Lana Negrete appointed mayor of Santa Monica, California Dogecoin rally to $0.50 imminent after DOGE’s ‘overbought’ conditions cool down BlackRock and Fidelity ETFs purchase $500 million worth of ETH in the past two days: Arkham Toncoin (TON) Price Eyes Key Resistance Zones After Recovering From Oversold Levels Solana Welcomes Ethereum Prodigy – Is A Price Surge On The Horizon? Why Bitcoin (BTC) Long-Term Holders May Keep It Below $100,000 Treasure Launches New Ethereum Gaming Chain With ZKsync, Leaving Arbitrum Sherrod Brown’s final committee message includes a crypto warning Casa unveils ‘Praetorian’ self-custody service for nation-states Riot Platforms completes $525M offering to buy Bitcoin New Crypto Whale Accumulates 801 $BTC as Market Plunges Top Analyst Issues Bitcoin, Ethereum and Solana Price Targets For 2025 TON DLT Foundation Launches in Abu Dhabi With ADGM Registration Sports Illustrated Tickets and New York Red Bulls partner to launch blockchain-powered ticketing 11 bitcoin ETF facts 11 months after US listings Bitcoin retakes $100k after US inflation data and Trump’s promise to keep his eye on price Why ME Token Price Surged To $25 and Crashed 80% After Binance Listing? Bitcoin CME Chart Shows Striking Similarities To 2023, Here’s What Happened Last Time Whale Deposits $3.47M $WIF to Coinbase, Nets $3M Profit Why It’s Not Too Late to Invest in Bitcoin Pudgy Penguins NFTs Surge Above $100K on Solana Airdrop Hype Uniswap’s Impact on Layer 2 Solutions Who falls first in the trillion dollar gamble? Bitcoin or MicroStrategy? Pop culture backer Slash Labs brings crypto credit card to Japan MassMutual’s Strategic Bitcoin Investment Grows Fivefold to $500 Million Price analysis 12/11: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, TON, SHIB Many New Wallets Were Created in These 9 Altcoins During the Recent Correction After Today’s CPI Report, Former FED Member Mester Shares Prediction on Rate Cuts Millionaire Biohacker's Nighttime Erections Fuel Rising Prediction Market Bet Energy from gas-flaring a $16 billion opportunity — PermianChain exec Phantom wallet brings direct Pump.fun and Moonshot token swaps Strike CEO Advocates for U.S. Bitcoin Reserve to Boost Economy Tether’s Price Dip Sparks Fears Over Stablecoin and Crypto Market Future Why and How to Backup Your Bitcoin Aave to debut on Linea following fork rival ZeroLend’s controversy Trump 2.0 could boost this Cathie Wood fund—Hint: it’s not ARKK Analyst Who Predicted 2024 Bulls Correctly Shares Bitcoin Price Prediction for 2025 Elon Musk becomes first person to surpass $400 billion net worth $46 Million in XRP Leaves Binance, Buy Signal or What? AI returns as a leading narrative with top projects in the green ‘Hot Air Rises’: Fartcoin Meme Coin Explodes as Degens Buy for the Lulz Billionaire Peterffy: 'Anybody Who Does Not Have Bitcoin Should Have Some Bitcoin' Solana rallies above $230, paving the way for new SOL price all-time highs Charles Hoskinson's Stern Reply to Cardano Foundation Whistleblower Meme coins FWOG, GOAT, and SPX debut on Kraken Cardano reclaims $1 after a 21% surge; time to buy ADA? Bitrue Temporarily Halts XDC Trading Amid Significant Demand and Depleted Supply QuickNode Launches Support for Sui Network, Expanding Web3 Scalability and Adoption Hamster Kombat loses another 18 million players since November Solana Labs Partners with Baxus & Iridia to Launch On-Chain Authentication for Spirits Shiba Inu Exec Shares Vital Updates On SHIFU Coin Airdrop, Here's All Santa rally? Altcoins could use a Christmas miracle Dogecoin Consolidates After RSI Relief: Is Another Rally Coming? Orbs Liquidity Hub Partners with Lumia to Improve DeFi Trade Efficiency Alchemy Pay plans to launch its own layer-1 blockchain South Korean metaverse project Another World merging with Lamina1 after token deal Solana Price Prediction: How Reclaiming $222 Sets the Stage for a Bullish Surge Plume and Chateau Capital join forces to unlock $500m private market investments Nvidia Crypto Lawsuit Continues With Company’s Failed Appeal Bitcoin price recaptures $100K following funding reset and Coinbase premium return US Dems choose leadership for committees crucial to crypto policy Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates FoxWallet Collaborates with Autonomy Network, Pioneering AI-Driven Web3 Solutions Fire Brigades Association becomes first Kenyan labor union to hold BTC Time to Buy Cardano? $186 Million ADA Flows Out of Exchanges FOMO Drives Crypto Accumulation as Altcoin Season Index Drops Bitcoin Shows Signs of Maturity with Reduced Volatility and Smaller Drawdowns Bitcoin Reclaims $100K as MicroStrategy's Saylor Rejects Idea of Taking Gains Here Are New Timelines for Shiba Inu to Surge to $0.0001, $0.001, and $0.01, As SHIB Rises 133%, Opening Doors for Banks Under a Trump Administration SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam ? Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ next Solana meme coin $PNUT surges 20% on Coinbase listing news Ripple CTO Reveals Two Best Things About Bitcoin (BTC) Two cryptocurrencies to turn $100 into $1,000 in 2025 Aptos turned into one of the most successful L1 with 1800% growth Can Solana (SOL) Lead This New Market Rebound? Citi says stablecoins challenge the idea of bitcoin ending US dollar's dominance Apple partners with Broadcom to develop “Baltra,” its first in-house AI server chip SEC advances NYSE’s filing to list Bitwise Bitcoin and Ethereum ETF Staking platform Marinade floats proposal to tackle malicious validators and democratize MEV on Solana Is Bitcoin topping out? Gold fractal hints at 35% BTC price correction ahead Bernstein predicts MicroStrategy's momentum to further accelerate amid potential Nasdaq 100 inclusion DeFi growth boosts oracle market competition — RedStone co-founder Raydium on Solana: The DEX That’s Beating Ethereum’s Numbers Fame and failure: 7 celebrity-endorsed crypto scams that went wrong JasmyCoin Price Analysis: Key Levels to Watch This Week Here's Why Dogecoin Price Is Ready For Next Leg To $1 CoinShares forecasts boom in Bitcoin yield solutions for 2025 Bitcoin Celebrates a “Champagne Moment” — What Lies Ahead? Balancer V3 launches with Aave partnership for Boosted Pools The price of Bitcoin (BTC) has already reached the maximum of this cycle? Chainlink Partners with Coinbase to Grow the Tokenized Asset Ecosystem Charles Hoskinson Reveals Cardano’s Future Plans Dogecoin Set for Take Off: Analysts Call Last Buy Opportunity After Dip to $0.36 BlackRock Ethereum ETF Climbs to Top 4 With Record Inflows Solana validator extracts $60M with MEV Sandwich Attacks in a month – Should you be worried? Ripple could still nail this magic blockchain recipe 1.2 Million Dogwifhat (WIF) in Single Transfer, What's Happening? Bitcoin Will Flip Gold – Former Coinbase CTO Explains Why Crypto spot trading volume exploded 141% in November Binance Labs invests in Perena to boost Solana stablecoin adoption 15 Bitcoin Sold for 1 Cent Exactly 15 Years Ago: Details Ripple Price Analysis: Where Is XRP Headed Following Massive Crash and Swift Rebound? Bitcoin price to hit $275,000, top crypto expert predicts Crypto travel platform Travala introduces Bitcoin reserve plan Tether Mints $1 billion USDT, $20 billion Total Since Nov 6 3 reasons why Solana price may jump to $500 soon Meet the project bringing TradFi’s ‘degen products’ to Solana Michael Saylor Mystifies BTC Community with ‘Sons of Bitcoin’ Message Bitcoin Price Analysis: Is BTC Finally Ready to Conquer $100K After Recent Corrections? Santiment Made References to 2017 and 2021: "Despite the Fall, Bitcoin and These Two Altcoins Are Sending Bullish Signals!" Bitcoin Bounces Back Above $100K as XRP, Dogecoin and Solana Rebound BREAKING NEWS: Coinbase Adds Highly Anticipated Altcoin to Listing Roadmap! Beam Ventures Unveils Abu Dhabi’s First Gaming-Focused Venture Fund and Accelerator Popcat price slips as smart money sells, exchange balances rise Lido vs. Rocket Pool — Which ETH Staking Solution Is Best? 'Just Hold and Earn': Notcoin Studio Reveals Telegram Launchpool Rewards Platform ChatGPT says XRP price will hit this target by December 31, 2024 Crypto Whales Took 100 Million Chance on XRP Bitget’s BGB Sees 24% Leap, Climbs to New All-Time High Coinbase limits stablecoins not compliant with MiCA: USDT on the list A Bullish XRP Flag Emerges as $5 Call Options Heat Up: Godbole US Inflation Meets Expectations at 2.7%, Boosting Bullish Optimism for Crypto Stablecoin Trading Startup Perena Tries Its Luck on Solana Ex-Binance CEO CZ Reveals His Bitcoin Strategy, But With Warning Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund Lista DAO Introduces sUSDX to Strengthen Liquidity Options South Korean Court Upholds Hancom Crypto Scandal Verdict Crypto user loses $7.8 million in SolvBTC as phishing scams surge on social media Aptos (APT) Market Cap Tanks by $2 Billion Ahead of $134 Million Token Unlock UpOnly hacker claims they ‘made six figures’ using Cobie’s likeness Clearpool and IX Swap Partner to Transform DeFi with RWA Tokenization and Lending XRP Community Gets Crucial Warning Ahead of RLUSD Launch, Here's Why Will Dogwifhat (WIF) Reclaim Its Bullish Trend? DappRadar: Blockchain Gaming Hits 28% Market Share in November Disgraced Terra Founder Do Kwon Inspires Korean Indie Film ‘Crypto Man’ Is Now the Right Time to Buy HNT? BIG XRP Price Prediction: XRP To Reach $10? Shiba Inu Retests Critical Support Level as Cup and Handle Pattern Suggests SHIB Surge to $0.00003237 Will Dogecoin Reach $10? DOGE Current Price and Predictions for 2025 Polygon Joins Forces with ADGM to Redefine Blockchain Transparency at Global Scale Gala’s FILM Token: Empowering Creators and Fans After Launch Here's how much Warren Buffett is up on his crypto stock in 2024 Can D.O.G.E. End US Inflation? Here's What Elon Musk Thinks FTX recovers $14.5 million from settlement of 27 small claims Data Platform Rootdata Ranks Top 15 Artificial Intelligence Projects by Market Value! Here Are the Details HBAR’s 764% Rally Faces Reversal: Key Support Levels to Watch BREAKING! US Inflation Data Released! What Was Bitcoin's (BTC) First Reaction? ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash Veteran traders hint at altcoin season as Bitcoin cools down Shiba Inu (SHIB) Holders Resists Shakeout Despite 11% Price Dip XRP Price Analysis: Bullish Momentum Fades as Altcoin Risks Falling Under $2 Mantra Teases Range Breakout: Will OM Price Top $5? $ETH Drives $231.82M in Liquidations as Total Market Losses Reach $1.59B in 24 Hours Shiba Inu (SHIB) in Rebound Mode, Key Price Levels to Watch Dogecoin Founder Slams Crypto in Recent Hot Statement: Details Bahrain’s Crown Prince receives the first Crypto.com crypto card NFTs’ role in the preservation and reinterpretation of art | Opinion November Insights: Ronin Rises to the Third Most-Used Blockchain $440 Million in Nine Days: Bitcoin Not Done Bitget eyes MiCA compliance with new Europe hub ZachXBT Challenges Circle on USDC's Role in Crypto Exploits Prominent Financial Analyst Talked About Bitcoin Price: “There are Two Scenarios Ahead…” Avalon Finance Launches USDa on Core Blockchain SoftBank veteran Akshay Naheta in talks to sell stake in his stablecoin payments firm: report Raydium Surpasses $5, Eyes $7 Target After Falling Channel Breakout Why Can't Bitcoin Rise? Why Did the Rally Stall? Analyst Explains Overlooked Reasons! KOMA up 200% following DWF Labs backing and exchange listings Crypto expert predicts XRP to ‘outperform entire market in coming months’ Trader Turns $2.5K Into $200K by Buying XRP With 500X Leverage Michael Saylor’s Effort to Convince Microsoft to Buy Bitcoin Faces Roadblock Here’s Why This Top Analyst Sees Chainlink Price Hitting $100 Pepe Coin Price Prediction: Is PEPE Next King of Memes? Ethereum price still weak despite strong ETF inflows XRP Inflows to Binance Surge to 6-Month High as Whale Activity Spikes Litecoin Price Outlook: LTC to Maintain $100 Support as $10M in Leverage Fuels Market Action Understanding Flash Loans and Their Unique Mechanism Farcana Joins Forces with LayerZero to Revolutionize Multi-Chain Gaming ‘More rogue than Gensler’ – Ripple’s CLO calls out SEC’s Crenshaw Will Solana Price Hit $4,000? Analyst Predicts SOL Cup and Handle Breakout Stellar Lumens Becomes Key Member of RWA Foundation to Enhance Scalable Blockchain Solutions Bitcoin Aims for $98,378 Breakout as ETF Inflows Hit $439M How High Can XRP Price Go If Ripple Launches RLUSD Tomorrow? Chiliz Strengthens Position with New Partnership TRUMP token gains popularity amid MAGA’s Kraken listing speculation Bitcoin Exchange OKX Announces Listing of Two Altcoin Trading Pairs in Futures! Here Are the Details Pundit Says Nothing Is Wrong With Dogecoin as DOGE Rally Stalls ? Influencer Claims: Eric Trump's Plan For Tax-Free US Cryptos SUI Open Interest Drops $250 Million After Price Falls by 13% XRP Jumps 6% Daily, BTC Eyes $98K After Drop to $94K (Market Watch) Dormant Dogecoins (DOGE) Awaken Following 19% Dip from Price Peak Peter Brandt Pours Cold Water on XRP, XLM and Cardano Hype Trader That Called May 2021 Bitcoin Collapse Says Rapid Move to $150,000 BTC Wouldn’t Be Extraordinary Bitcoin hits level bulls must 'control' for a new $100K BTC price push XRP and Dogecoin (DOGE) Still Bullish: Major Metric Shows XRP Outperforms Bitcoin, Dogecoin Extends Slide Ahead of U.S. CPI Technical Patterns Confirm Solana Could Surge 1,734% to $4,000: Details Bitcoin Exchange Binance Announces It Has Delisted 3 Altcoin Trading Pairs! Here Are the Details Here’s why Magic Eden’s airdropped token flopped 67% Kyrgyzstan advances plans for national digital currency: report India preparing for a CBDC-driven economy — Central bank governor How High Can XDC Go Before the End of 2024? Milady CULT token reaches $500M market cap, launches updated white paper HGS Application Hacked, Bitcoin (BTC) Demanded! Statement from PTT! Bitcoin Hits Critical Level Against Gold After Falling Channel Breakout: Peter Brandt 7 Cryptos to Benefit as Bitcoin’s Price Stays Above $97K Coinbase projected will flip Schwab as most valuable brokerage Hoskinson Says Cardano Will Become a Multichain Ecosystem with Midnight’s Integration Bitcoin Exchange OKX Announces Listing of Solana Staking Token! Here Are the Details Proposed US Strategic Bitcoin Reserve Acts in Best Interest of Public, Says Strike CEO Jack Mallers – Here’s Why Crypto Community Criticizes Microsoft’s Bitcoin Rejection XRP Soars 300% in 30 Days, but This Indicator Shows XRP About to Make Another Move Crucial Metric Confirms XRP and Dogecoin Bull Market Is Still Early Despite This Week’s Crypto Downturn PEPE Continues to Soar as Elon Musk Sparks FOMO Frenzy XRP Soars Over 20% as Ripple CEO Confirms NYDFS Approval for RLUSD Stablecoin Here Are 3 Major Events on Horizon That Could Drive XRP Next Price Move WazirX Bankruptcy Rumors: Could It Be True or Just Another Crypto Gossip? Alabama State Auditor Sorrell Backs Bold Plan for Strategic Bitcoin Reserve Bitcoin Spot ETF Inflows Hit $440M With 9-Day Streak Why Is the Crypto Market Up Today? Hong Kong to speed up crypto licensing as competition intensifies Cardano (ADA) May Remain Below $1 Amid Whale Selloff and Profit-Taking DeFi protocol Synthetix acquires leveraged token platform TLX Solana (SOL) Encounters Barriers: Is a Fresh Surge Still Possible? Is Dogecoin Price Rally To $3 Looming As Whales Move $56M? Solana Funding Rate Falls 81% as Participation Hits December Lows South Korea’s Martial Law Derails Critical Crypto Reforms Uniswap Under Pressure: Will Whale Sell-Off Trigger a UNI Price Crash? Shiba Inu Poised for 1700% Surge, Why $0.0004729 May Be in Play for SHIB XRP Might Be Game-Changing Token, According to NBA Legend Pippen Neo launches Naughty or Nice Xmas campaign with 400 GAS prize pool Stablecoins Becoming Increasingly Viable as Staking Collateral, Research Shows Here’s What Could Confirm a Market Cycle Top for Bitcoin, According to Analyst Benjamin Cowen Bitcoin Price Holds Support: Ready to Spring Back? 1inch Foundation’s $1.69M Binance Deposit Triggers Market Drop OORT launches blockchain-driven DataHub for ethical AI development SUI Crypto Tops All Chains In Daily Netflow: Can It Hit $10? Nigeria's Blockchain Boost: SEC Explores Tech to Revolutionize Capital Markets Bitcoin’s $100K Breakout Pause Likely Due to Liquidity Factors and Nvidia's Stalled Rally Restaking can revitalize blockchain assets Neo SPCC updates NeoFS node to v0.44.0 Eric Trump States Bitcoin Is the Ultimate Hedge for Real Estate Investors Argentina’s Milei fires tax agency head over controversial tax on streamers USDa Emerges as the Second-Largest CDP Project Globally Ethereum has less than 10% chance of tapping $5K by year-end, says Derive As BitMEX Turns 10, the Market Is Still Thankful for the Perpetual Swap Cardano Mirrors 2020 Trends: Is a $4 to $6 Bullish Surge Possible? CFTC accuses pastor of shilling $6M crypto Ponzi to congregants Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi Roger Stone’s Website Spotlights Prosecution Story of Crypto Pioneer Roger Ver Why Crypto Giants Oppose Crenshaw’s SEC Renomination? Toncoin (TON) Wallet Profitability Dips as Market Volatility Increases XRP Lawsuit News: What Happens Next if The New Administration Drops The Appeal Cardano Price Prediction Today: ADA Could Drop Back To $0.64 Levels El Salvador Discovers $3 Trillion Gold — Will It All Go Into Bitcoin? Bitcoin Maxi Admits XRP Breakout Looming, Targets $3.05 Bitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go public Peter Brandt's Bitcoin Outlook: From $0 to $1M—The Dual Narrative Explained XRP Price Prediction For December 11 Cardano ($ADA) Heads Towards Another Major Price Spike, Analyst Predicts Japan's Crypto Exchange Coincheck(CNCK) Live on NASDAQ! Santiment Forecasts Recovery for These Altcoins After Market Correction ‘They can get you if they want you ‘ — Roger Ver breaks silence after arrest with Tucker Carlson, talks corruption, privacy coins, and BTC’s demise Majority of altcoins may see a 'slow bleed' until late January 2025: VC Magic Eden’s ME token dips on debut as users report app issues Bitcoin (BTC): $100,000 Not Forgotten, Dogecoin (DOGE) Loses It, Shiba Inu's (SHIB) Catastrophic Drop: What's Next? Can XRP Price Hold $2 Floor Amid Record Whale Inflow to Binance? Cardano Founder Teases Bitcoin DeFi Roadmap, Here's What To Expect FLOKI Price Surge: How a Crypto Trader Transformed $2.69M into $4.39M Cardano’s ADA Predicted to Hit $2 by January Amid Bullish Momentum Digital Chamber Urges US Senate To Reject Caroline Crenshaw's SEC Reappointment
