👈 Today's Ethereum price: $1,800👉
* Ethereum exchange-traded funds (ETH) recorded net weekly inflows of $157.1 million this week, marking its first positive week since February.
* Institutional buying pressure comes in the wake of President Trump's softened rhetoric on tariffs against China and Paul Atkins taking over as chairman of the U.S. Securities and Exchange Commission.
* Ethereum has re-tested the key resistance level of $1,800 amidst investor hesitation near the 50-day simple moving average.
* Ethereum (ETH) regained its $1,800 price level on Saturday after U.S. exchange-traded funds (ETH) recorded their first weekly inflows since February.
* Ethereum investors are pushing Ethereum exchange-traded funds (ETH) to their first weekly inflows since February.
* Ethereum exchange-traded funds (ETH) recorded net inflows of $104.1 million on Friday, the highest daily inflow since February 4, according to SoSoValue data. As a result, the products experienced a net weekly inflow of $157.1 million, also their highest net buying activity since February.
* Weekly inflows were dominated by FETH from Fidelity, ETHA from BlackRock, and ETH from Grayscale.
* Increasing buying pressure from institutional investors follows President Trump's easing of his tone regarding the trade war between the U.S. and China, as Paul Atkins assumes the role of chairman of the U.S. Securities and Exchange Commission (SEC) this week.
* Given Atkin's history of working with cryptocurrency companies, most members of the cryptocurrency community expect him to adopt a more flexible approach to cryptocurrency regulation.
* A strong close above the $1,800 level, its 50-day simple moving average, and the upper bound of the descending channel may indicate the beginning of a significant recovery for Ethereum. This rally could push Ethereum to face resistance at $2,100.
* On the downside, Ethereum may find support at $1,688. A drop below $1,688 could push the leading altcoin towards a downward trend line extending from March 25.
* The Relative Strength Index (RSI) and the Awesome Oscillator (AO) histogram are above their neutral levels. This is the first time the Awesome Oscillator (AO) has crossed the midpoint in 2025. A daily close of the Awesome Oscillator (AO) above its neutral level could reinforce Ethereum's upward momentum. At the same time, the Stochastic Oscillator is in overbought territory, indicating a potential short-term pullback for Ethereum.