In 2026, Ethereum’s price overall remains in a relatively strong structure, currently still trading above the medium- to long-term upward trend line. Although key resistance levels have not yet been effectively broken in the short-term chart, the latest ETH ETF capital inflows provide important market sentiment support and have renewed attention on Ethereum’s price outlook.
Data shows that on January 12, the spot Ethereum ETF recorded approximately $5.04 million in net inflow, successfully ending a three-day streak of net capital outflows. This change has somewhat alleviated market concerns about a short-term correction in ETH. Overall, the capital rebound signals a phased confirmation of Ethereum’s bottom.
Looking at individual ETF performance, 21Shares recorded about $5 million in net inflow on that day, while Grayscale’s ETHE and ETH ETFs attracted $50.7 million and $29.3 million respectively. However, BlackRock’s ETHA experienced approximately $79.9 million in capital outflow, making it the only product with a net outflow on that day. The remaining institutional-related ETFs maintained zero net inflow, indicating a cautious market attitude.
As of January 12, the cumulative net inflow of the spot Ethereum ETF reached $12.44 billion, with total assets approximately $18.88 billion, accounting for over 5% of ETH’s market cap. In comparison, Bitcoin spot ETF saw about $117 million in net inflow on the same day, ending a previous streak of outflows; simultaneously, Solana and XRP-related ETFs also recorded net capital inflows in the tens of millions of dollars, reflecting a recovery in overall crypto ETF sentiment.
From a technical perspective, Ethereum’s price is currently clearly above the support level of the upward trend line, with the main trend still maintaining a bullish outlook. The RSI indicator is gradually rising, indicating improving momentum, but it still hovers around 50, suggesting that the battle between bulls and bears has not yet concluded, and short-term volatility risks remain.
Overall, $3,150 is the current core resistance zone for ETH. If the price can achieve effective closes above the 4-hour level and confirm a pullback after a breakout, the upside target may point to the $3,220 to $3,300 range, which is considered an important supply zone. Conversely, if ETF capital flows turn back to outflows and trading volume pressure increases, Ethereum’s price may test the $3,050 level again.
Overall, the movement of ETH ETF capital has become a key variable influencing Ethereum’s price trend in 2026, and its short-term direction still requires ongoing observation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Spot ETF saw net outflows of $41.9715 million yesterday, marking three consecutive days of capital outflows
March 22 News: Ethereum spot ETFs experienced a net outflow of $41.9715 million on March 20, marking the third consecutive day of capital outflows. Among these, BlackRock's Staked ETH ETF had a net inflow of $5.4658 million, while BlackRock's ETF ETHA saw a net outflow of $31.4508 million. Currently, Ethereum spot ETFs have total net assets of $12.328 billion, with cumulative net inflows of $11.729 billion throughout history.
GateNews43m ago
A certain whale withdrew 1,979 ETH from a certain CEX 1 hour ago, worth 4.16 million USD.
Gate News: On March 22, according to Onchain Lens monitoring, a whale withdrew 1979 ETH from a certain CEX 1 hour ago, valued at $4.16 million. Over the past month, the whale has cumulatively withdrawn 8662 ETH through the exchange, with a total value of $18.23 million.
GateNews58m ago
Resolv Attacker Spent 200,000 USDC to Mint 80 Million USR, Already Purchased 9,111 ETH
Onchain Lens detected that the Resolv attacker spent 200,000 USDC to mint 80 million USR and has already used it to purchase 9,111 ETH. The attacker is still converting USR to other cryptocurrencies and may continue to accumulate ETH.
GateNews59m ago
Attacker has bought in 4.55 million dollars of ETH
Gate News Report: On March 22, on-chain analyst Ai Auntie posted an analysis on X platform regarding the Resolve attacker's operations: 1. Minted 50 million USR tokens using 100,000 USDC; 2. Converted 35 million USR to wstUSR; 3. Continuously exchanged wstUSR for USDC and USDT; 4. Used USDT to purchase
GateNews1h ago
CFTC clarifies cryptocurrency margin rules: BTC and ETH capital deduction rate of 20%, permitting investment in the derivatives market
The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.
動區BlockTempo1h ago
Brother Maji Huang Licheng Opens 25x Leverage ETH Long Position Again, Holding 2200 Coins Worth $4.62 Million
Gate News: On March 22, Hyperbot data shows that the decline in the cryptocurrency market this morning led to the liquidation of all of Big Brother Machi Huang Lixuan's Ethereum long positions. One hour ago, Huang Lixuan opened a new Ethereum long position with 25x leverage, currently holding 2,200 ETH, valued at approximately $4.62 million, with an entry price of $2,091 and a liquidation price of $2,061.
GateNews1h ago
