The post Ethereum Price Prediction: Staking Absorbs Supply As ETH Stalls Below Key EMAs appeared on BitcoinEthereumNews.com.

ETH remains capped below key EMAs, with momentum stalled and spot flows still negative. Bitmine staked over 342,000 ETH, removing roughly $1 billion worth of supply from circulation. Price is compressing between $2,850 support and $3,000 resistance, setting up a decisive move. Ethereum price today trades near $2,940 after another failed attempt to reclaim short-term resistance. The market remains compressed below key moving averages as spot flows stay negative and volatility fades. At the same time, a wave of large-scale staking activity is quietly removing supply, creating tension between weak price structure and strengthening long-term positioning. Price Trapped Below EMAs As Momentum Stalls On the daily chart, Ethereum continues to trade below its 20, 50, 100, and 200-day EMAs. The 20-day EMA near $2,985 has capped recent rebounds, while the 50-day EMA around $3,138 remains the first meaningful upside barrier. Above that, the 100-day and 200-day EMAs clustered near $3,350 to $3,380 define the broader trend ceiling. Price action has compressed into a narrowing range following the sharp decline earlier this quarter. The descending trendline from the October highs remains intact, and ETH has not produced a higher high since the breakdown. RSI near the mid-40s reflects that balance. Momentum is neither oversold nor constructive. It is stalled. This type of structure typically precedes expansion. The question is whether that expansion resolves higher or lower. Spot Flows Stay Negative Despite Sideways Price Exchange flow data continues to lean defensive. Recent sessions show persistent net outflows, including a $11.6 million net outflow on December 28. While the magnitude is smaller than earlier distribution waves, the direction matters. Capital is not aggressively rotating back into spot positions. Historically, Ethereum struggles to sustain upside moves when spot flows remain negative across multiple weeks. Buyers may be present, but they are not chasing price.…

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Filed under: News - @ December 28, 2025 8:14 pm