Ethereum News Today: Ethereum Reclaims $3,600 as ETF Inflows and Lower Selling Pressure Fuel 2025 Bullish Outlook

Ether (ETH) reclaimed the $3,600 level following a temporary dip to $3,500 during Asian trading hours on Thursday, with analysts highlighting potential for further gains in 2025 despite a recent 9% pullback from seven-month highs [1]. On-chain data suggests Ethereum faces “lower selling pressure” compared to Bitcoin, as reflected in the ETH/BTC exchange inflows ratio, which remains significantly below historical extremes [1]. CryptoQuant, in its weekly report, noted that reduced inflows to exchanges indicate sustained outperformance of ETH relative to BTC, reinforcing a bullish outlook for the pair [1].

The ETH/BTC ETF Holding Ratio has also risen to 0.12 from 0.02 in May, signaling increased investor exposure to Ethereum over Bitcoin [1]. This trend aligns with net inflows of $332.2 million into U.S. spot Ethereum ETFs on Wednesday—their seventh-highest single-day inflow—and cumulative net inflows of $8.7 million since launch. In contrast, Bitcoin ETFs recorded $285.2 million in outflows over three days [1].

Glassnode analysts identified critical price levels using the cost basis model. The $2,000–$3,000 range, encompassing realized prices of $2,100, $2,500 (true market mean), and $3,000 (active realized price), represents key support. Breaking below this range could trigger a deeper correction, while sustained momentum above $3,860 is seen as pivotal for a potential rally to $4,000 [1]. Conversely, resistance at $4,500—marked by the active realized price pushed one standard deviation higher—remains a critical threshold. Historical patterns during the 2020–2021 cycle and March 2024 highlight its significance as a barrier to further gains [1].

The current ETH price action reflects a broader shift in market sentiment, with Ethereum ETFs now managing $16.6 billion in assets under management, a 3.9 billion inflow streak over three weeks [1]. Analysts caution, however, that breaching $4,500 could coincide with “heightened market euphoria” and unsustainable price structures, as noted in prior cycles [1].

Source: [1] [Ethereum analysts see ‘further upside’ as ETH price reclaims $3.6K] [https://cointelegraph.com/news/ethereum-analysts-further-upside-eth-price-reclaims-3-6k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound]