Ether is navigating a liquidity battle between $3,900 support and $4,400 resistance. Record ETF inflows of 649,000 ETH show strong institutional demand. Long-term outlook is bullish, with potential dips to $3,000-$3,500 setting the stage for a rally to $8,000. Technical analysis suggests key support and resistance levels for traders to watch. Source: TradingView/Cointelegraph

Institutional inflows and positive long-term setup maintain bullish Ether outlook. US spot ETH ETFs saw record 649,000 ETH inflows last week. Analysts favor Ether over Bitcoin, with Ether ETFs gaining popularity. Ether’s multi-year bullish pennant pattern indicates potential for breakout. Expectations point to a pullback before a rally past $8,000, signaling a new phase in Ether’s price history. Source: Glassnode/X, X.com, Merlijn, Cointelegraph

Read more at Cointelegraph: ETH Faces Key $3.9K Test Amid Record Spot ETF Inflows