Ethereum $ETH Price Prediction: ETH Defends $2,120 Support Amid ETF Outflows, Eyes $2,280–$2,390 Rebound

Ethereum is trading at a critical technical and liquidity junction, where ETF-driven outflows and key support defense are shaping short-term direction and volatility expectations.

The market is currently assessing whether buyers can sustain momentum above $2,120 after repeated tests of lower channel support, while institutional flows continue to pressure sentiment.

ETH Holds Key Technical Ground as Market Tests Lower Channel

Ethereum (ETH) is trading at a technically sensitive level after sliding toward the lower boundary of its short-term price channel near the $2,180–$2,200 region. Market participants are closely watching whether buyers can sustain momentum above the critical $2,120 support zone.