$ETH ​📰 Top Market News & Analysis

​Critical Support Watch: ETH is actively defending the crucial $3,100 - $3,150 demand zone. Holding this level is key for bulls, as technical analysts believe a drop below this could open the door for a test of the lower $2,800 support.

​Institutional Inflows Resume: After weeks of outflows, Spot Ethereum ETF inflows have shown signs of recovery. This suggests institutional investors are gradually returning to the market, signaling renewed confidence as the year closes out.

​Bullish Technical Setup: The price recently reclaimed the 50-week Exponential Moving Average (EMA). Historically, this has been a strong indicator, preceding significant rallies (some past rallies have exceeded 97%-147% returns). Many analysts are targeting the $3,500 area as the next major hurdle.

​Whale Activity: On-chain data indicates a notable shift, with a large whale recently selling over $132M in Bitcoin to buy \approx \$140 Million worth of Ethereum, suggesting a potential rotation of capital into the altcoin leader.