From CoinTelegraph
June 4, 2025 7:05 am:

Ether’s price has surged 46% in the last 30 days, with ETH/BTC up 30%, indicating strong demand. Spot Ethereum ETFs have seen 12 days of consecutive inflows. Traders anticipate a continued ETH price recovery, with analysts predicting a breakout above key resistance levels for a potential rally towards all-time highs.

ETH is trading at $2,630, up 46% in 30 days, signaling a potential upward breakout. Analysts highlight key support and resistance levels for ETH, with expectations of a new high for the year if it breaks above $2,850. Reclaiming $2,500 as support could lead to a significant rally towards fresh all-time highs.

Ether’s recent performance has outpaced Bitcoin, rising 46% compared to Bitcoin’s 16.5% increase against the US dollar in the last month. The ETH/BTC pair has also surged 30%, reaching a 10-week high. Analysts suggest that a breakout in the ETH/BTC ratio could trigger a 55% rally, hinting at the possibility of an altseason.

Spot Ethereum ETFs have seen 12 consecutive days of inflows, indicating growing interest from institutions in Ether over Bitcoin. In contrast, spot Bitcoin ETFs experienced outflows for three consecutive days last week. Global Ethereum investment products saw inflows totaling $321 million, the strongest run since late December 2024, while Bitcoin ETPs saw $8 million in outflows after a 6-week inflow streak.

Read more at Cointelegraph: Ethereum ETF inflows and ETH/BTC strength hint at potential breakout for ETH price.