ETH Faces 2.23% Dip Despite $149M ETF Inflows and Surging Trading Volumes

Ethereum (ETH) experienced a 2.23% decline over the past 24 hours, with the price dropping from 2,576.99 to 2,519.51 USDT on Binance. This price movement follows notable net inflows into U.S. spot Ethereum ETFs, totaling approximately $149 million on July 3, 2025, led by BlackRock and Fidelity, while Grayscale saw minor outflows. Despite these inflows and a recent 8% surge that broke ETH out of a previous trading range, the asset has struggled to maintain bullish momentum, facing resistance at key technical levels and exhibiting mixed market sentiment. High trading volumes, ranging from $11.93 billion to $16.20 billion, and a market capitalization near $304 billion reflect continued strong interest, but short-term technical indicators signal consolidation and cautious trading as ETH remains below major resistance thresholds.