The post ETH Awaits Breakout as Open Interest and Spot Flows Stay Active appeared on BitcoinEthereumNews.com.

Ethereum remains range-bound near $2,980 after retreating from $3,300 highs. Futures open interest stays above $38B, signaling elevated positioning and potential volatility. Bitmine boosts Ethereum holdings, reinforcing long-term accumulation and staking growth. Ethereum entered a pause after a volatile month, as traders weighed technical pressure against steady institutional interest. Price action settled into a narrow range on the four-hour chart, following a sharp retreat from late-cycle highs.  Market participants now monitor whether consolidation resolves into continuation or deeper correction. Besides price behavior, derivatives data and corporate accumulation continue shaping near-term expectations. Ethereum Price Holds Range After Sharp Pullback Ethereum pulled back from the $3,270–$3,300 zone and shifted into sideways movement near $2,980. The structure reflects consolidation rather than a confirmed trend change. Volatility compressed as price traded below major moving averages.  The 100-EMA near $3,070 and the 200-EMA around $3,040 capped upside attempts. Meanwhile, the 20-EMA and 50-EMA flattened near $2,960–$2,980, signaling indecision. Key resistance levels sit near $3,036 and $3,134, aligned with Fibonacci retracement levels. A move above $3,135 would reopen the prior supply zone near $3,300. However, sellers previously defended that region.  ETH Price Dynamics (Source: Trading View) On the downside, immediate support rests between $2,965 and $2,950. Additional demand appears near $2,938 and $2,817. Consequently, a break below $2,940 would expose the $2,820–$2,780 range. Related: XRP Price Prediction: Sellers Defend EMA Ceiling as Exchange Inflows Cap Recovery Momentum indicators suggest limited conviction. CMF readings remain slightly positive, indicating mild inflows. However, buyers have not printed a higher high. Hence, Ethereum remains range-bound while traders await confirmation. Derivatives and Spot Flows Point to Positioning Source: Coinglass Ethereum futures activity continues expanding despite recent price hesitation. Open interest climbed steadily throughout the year, reflecting growing derivatives participation. During prior rallies, open interest surged alongside price advances. Importantly, pullbacks triggered…

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Filed under: News - @ December 30, 2025 4:25 pm