Ethereum Defies Gravity: ETF Inflows Dip, But a Bullish Storm is Brewing

Ethereum's holding pattern just got interesting. While ETF inflows show signs of slowing, the charts are painting a different story—one that has traders leaning forward in their seats.

The Quiet Before the Rally?

Money might be moving slower into ETH ETFs, but don't mistake patience for weakness. The setup forming on technicals screams accumulation—smart money loading up while retail naps.

Wall Street's Favorite Contradiction

Traditional finance keeps waiting for crypto to 'act right,' yet here we are—Ethereum quietly building a launchpad while bankers debate their morning Starbucks order. Some things never change.

Active whales, tightening supply, and that classic crypto volatility cocktail suggest one thing: when this dam breaks, it'll flood the zone. Just try not to be the bagholder left explaining 'diversification' to your accountant.

Ethereum price technical analysis

The daily chart shows that the ethereum price has moved sideways since May 10. It has remained inside the support and resistance levels at $2,410 and $2,736. This consolidation is part of the formation of the bullish flag.

This pattern consists of a vertical price increase driven by strong demand and a short-term consolidation. 

The bullish flag occurs between the 50% and 38.2% Fibonacci Retracement levels. It also occurs after the coin rises above the 50-day and 100-day Exponential Moving Averages. 

Therefore, the coin will likely have a strong bullish breakout as long as it remains above the lower side of the flag at $2,400. More gains will be confirmed if the price moves above the upper side of the flag at $2,735. If this happens, the next point to watch will be the psychological point at $3,000.