Ethereum Price Prediction: $130M ETF Inflows Fuel Rally As Bulls Test $2,145 Breakout

Ethereum price today trades near $2,129.01, up 0.39% after testing the upper Keltner Channel resistance at $2,145. The move places buyers in control as institutional flows surge and derivatives positioning shifts bullish following weeks of consolidation.

Ethereum spot ETFs recorded $130.08 million in net inflows on March 4, the largest single-day institutional buying since early February. Cumulative net inflows now stand at $11.76 billion, representing 4.79% of Ethereum’s market cap.

Grayscale’s ETH led with $99.51 million in fresh capital, while Grayscale’s ETHE added $21.91 million. The session marks a dramatic shift from the modest inflows seen in recent weeks, suggesting institutional appetite is accelerating as price breaks through technical resistance.