*ETH Short Analysis – April 22, 2026*
*Price action today*: ETH is at $2,387.23, up +2.82% on the day. It traded between $2,284.19 and $2,413.83, showing strength near the 24h high. 5c95
*Key drivers*:
1. *ETF inflows*: Spot ETH ETFs saw $187M in weekly inflows, strongest week of 2026. Capital is rotating from BTC to ETH.
2. *Market sentiment*: 68% buyer ratio on Coinbase with 323K unique traders, up 139% in 24h.
3. *Macro boost*: $447M in short liquidations + dovish Bank of Japan shift lifted crypto broadly. ddb3bb58
*Levels to watch*: Immediate resistance $2,500. Support $2,300. BTC breaking $76K would likely pull ETH higher. 9349ddb3
*Bottom line*: ETH is outperforming BTC today, +37% YoY, with strong ETF + trader momentum. Short-term bias bullish if it holds above $2,360. bb58
Now here’s a visual snapshot for today:$ETH
