Ethereum Defies Gravity: ETF Inflows & Surging Dominance Fuel Resistance Battle
Ethereum bulls dig in as institutional demand collides with stubborn price walls.
Wall Street's crypto crush gets serious
Spot ETH ETF inflows hit record levels this week—just as ETH's market dominance punches through 20%. The smart contract king now commands its largest slice of the crypto pie since the 2022 merge.
Technical trenches hold firm
Despite the fundamental tailwinds, Ethereum keeps slamming into the same resistance levels that crushed its last three rallies. Traders whisper about whale clusters forming at key psychological numbers—because nothing says decentralized like a few billionaires playing pinata with your portfolio.
This isn't your 2021 altseason. The market's demanding real utility now—good thing Ethereum's the only chain that actually settles meaningful transactions (sorry, 'ETH killers'). The coming weeks will show whether this is institutional accumulation...or another case of 'buy the rumor, sell the news' for the ETF crowd.
Ethereum Dominance Near Key Resistance
ETH’s dominance in the crypto market has rebounded to 11.95% after bouncing off strong support near 7.4%. Analyst Ito Shimotsuma indiucated 12.5% has the next key resistance. A breakout above this level could fuel an ETH rally. If that happens, ETH dominance may climb to 21.5%, a zone last seen during the 2021 bull cycle.
The influx of institutional investors and the consistent accumulation by whales are bolstering this optimistic outlook. Shimotsuma thinks this might lead to a shift in liquidity from BTC to ETH. As a result, dominance levels may have a potential trend reversal.
#Ethereum dominance has finally reached a very crucial resistance level.
This is why ETH/BTC has been showing some weakness lately, but I think it won't last long.
ETF inflows have turned positive again; companies are buying as usual while individual whales aren't stopping… pic.twitter.com/B9EuFT0zEQ
The future of ethereum is not clear right now. On one hand, there are some positive ETF inflows and a rise in dominance, which suggests strength in the market. On the other hand, the net selling is raising some concerns. If ETH dominance dips below 12.5%, a significant shift of capital away from Bitcoin may take place.
Also Read: Bitcoin ETFs See $196M in Outflow While Ethereum ETFs Gain $73M