Ethereum Bags $321M Inflows—But Still Can’t Crack $2.5K?
Ethereum is seeing big money roll in—$321 million last week, its highest since December 2024. That’s six straight weeks of gains, adding up to $1.19B in institutional love. So, why is the price still stuck at $2,482?
Let’s break it down:
On-Chain Vibes:
- ETH is locked between $2,475 and $2,555—no breakout yet.
- RSI is at 36.23 = almost oversold.
- MACD is still red (-3.66), signaling weak momentum.
Zoom in to the 1-minute chart and it’s just as boring. ETH is chopping around $2,483 with no conviction. Short-term MACD flipped green (0.61), but nothing major.
ETH needs to break back above $2,500–$2,520 to wake up the bulls. If it slips under $2,475, things could head south toward $2,400 fast.
Meanwhile, digital asset funds pulled in $286M total last week. But Bitcoin broke its 6-week inflow streak, and XRP got smacked with $28.2M in outflows. Even BlackRock’s IBIT saw a record $430.8M exit in one day.
Big money’s still eyeing ETH—but if the charts don’t shape up soon, this could be a bull trap in disguise.
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