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Ethereum Stabilizes Near $2,300 With $2,400 Resistance Now Pivotal

ETF inflows with a turn in futures buying suggest support building for a breakout.

Overview

  • Ethereum, which slid to roughly $2,253 on Monday after renewed U.S.–Iran tensions, is now consolidating in the $2,250 to $2,330 range.
  • Spot Ether ETFs recorded a seven‑day inflow streak of about $425–$426 million, including $276 million last week led by Fidelity’s FETH and BlackRock’s ETHA.
  • Net Taker Volume flipped to about +$102 million, a shift that points to buyers returning to futures markets even as high leverage keeps price moves sharp.
  • A whale opened an estimated $90.8–$90.9 million long at 20x, and liquidation clusters near $2,200 for longs and $2,450–$2,480 for shorts are guiding fast sweeps between those levels.
  • A clean break and hold above roughly $2,400 would validate bullish patterns like the ascending triangle with some analysts eyeing $2,700 to $3,230, while more than 32% of ETH staked leaves thinner supply that can speed swings.