Ethereum is currently trading around $2,802, with immediate support at $2,750 and resistance near $2,850.
Ethereum ETFs saw mixed flows on February 20, 2025, with net outflows of $13.1M.
Ethereum is tightening in a narrow price band, indicating a potential breakout in either direction. Technical analysis suggests an upward movement towards the $3,000 to $3,100 range.
Despite the muted price action, smart money is accumulating Ethereum, taking advantage of the opportunity to buy.