Ethereum is trading near 2,325, and the immediate shift to watch is in ETF flows. Over the past 3 sessions, U.S.-listed spot Ether ETFs have pulled in more than $250 million in net inflows, including nearly $98 million in the latest session. That marks a clear reversal from the end of April, when 4 straight sessions of outflows totaled $184 million. So heading into the chart, the setup is straightforward: flows have turned positive again, and traders are now watching whether price responds at these nearby levels.
Ethereum holds just above 2,330, pressing support at 2,331, while resistance sits at 2,347. The price is hovering right at the upper boundary of recent support.
So the cleaner read is this: the inflows matter because they’re helping limit downside pressure right at support. But the next signal isn’t more flow data — it’s whether Ethereum can actually clear 2,347 and turn that resistance level into momentum.
Ethereum nearing that critical breakout zone as ETF inflows build is what sets tomorrow’s tone.