Ethereum Nears Key Resistance with Robust On-Chain Activity and ETF Inflows
The post Ethereum Nears Key Resistance with Robust On-Chain Activity and ETF Inflows appeared on BitcoinEthereumNews.com.
Ethereum approaches major resistance near $3,500 as it rebounds from $2,616 support, backed by a rising market structure, robust on-chain activity with $70.16 billion in TVL, and sustained ETF inflows exceeding $312 million last week. Ethereum’s price maintains an upward trajectory after breaking out from a descending channel, targeting key resistance zones. On-chain metrics indicate strong network participation, including 474,956 active addresses and $2.218 billion in DEX volume. Exchange supply has declined to 8.84%, while ETF inflows and developer upgrades like Fusaka bolster long-term ecosystem demand. Ethereum approaches major resistance: Analyze price action, on-chain data, and ETF trends signaling robust demand. Stay informed on ETH’s path to $4,000—read expert insights now. What Is Driving Ethereum’s Approach to Major Resistance? Ethereum approaches major resistance following a rebound from the $2,616 demand zone, where buyers stepped in to defend the asset after a rejection at higher levels near $4,866. This movement confirms a shift from a descending channel into a rising structure, with the price now testing mid-range levels around $3,052. Sustained support from on-chain activity and institutional inflows positions Ethereum for potential upside if resistance is overcome. Ethereum moves toward major resistance as rising structure, strong on-chain activity, and continued ETF inflows support growing market demand. Ethereum approaches major resistance as price rebounds from $2,616 and maintains a rising market structure. On-chain data shows strong network activity with TVL at $70.16B and rising ETF inflows supporting demand. Exchange supply drops to 8.84% while developers advance upgrades, reinforcing Ethereum’s broader ecosystem strength. Ethereum trades near its mid-range levels after a steady rebound from recent support, and market data shows price moving toward a key resistance zone that has triggered reactions in past cycles. Analysts say a reversal structure is forming, and buyers are preparing for another test of the upper supply region.…
Filed under: News - @ December 7, 2025 2:25 am