Today's Ethereum Market Analysis!
ETH ETF net inflows remain strong, with recent daily inflows reaching hundreds of millions of dollars, showing a significant increase in institutional demand.
On-chain whale holdings and long-term staking behavior have strengthened, further alleviating supply pressure.
Frequent positive developments in U.S. regulatory legislation boost investor confidence, driving up the demand for ETH as a stablecoin underlying asset.
Support Level - $3,650 – $3,680
Resistance Level - $3,770 – $3,850
