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$ETH ETFs Hit New Milestone with Record Inflows 📈🔥
Ethereum ETFs recorded an impressive $428 million inflow on December 5th, marking nine consecutive days of positive inflows - a new record streak for these investment products!
🏆 According to SoSoValue, the total capital inflow into Ethereum ETFs between November 22nd and December 5th reached $1.3 billion 💰
The technical outlook remains bullish, with the MACD avoiding a bearish crossover and showing positive momentum 📊 Both the 20-day and 50-day EMAs are maintaining their upward trend, providing key support levels.
The price structure suggests potential movement toward the $4,100 resistance level, while the $3,750 zone now serves as strong support 📈
The combination of unprecedented institutional interest through ETF products and strong technical indicators points to continued upward momentum for Ethereum in the near term ⚡️
What do you think - will this institutional demand through ETFs push ETH to new highs?
🤔 Share your price predictions in the comments! 🎯🚀
