Ethereum is facing a critical support level at $2,100 as ETF growth on Wall Street slows. Let's examine how this impacts the second-largest cryptocurrency.
Current Ethereum Price and ETF Impact
Ethereum has stagnated at $2,100, about 47% below the highest level in December. Investors continue to dump assets, leading to a $455 million loss in Ethereum ETFs over the past two weeks. In comparison, net inflow in Ethereum ETFs is $2.7 billion, much lower than Bitcoin's $37 billion.
Challenges and Issues for the Ethereum Network
Despite staking volumes reaching $73 billion, Ethereum has shown weak performance since 2024. Additionally, Ethereum ETFs do not allow staking, impacting investor yield. Ethereum's fee income for 2025 was $202 million, lagging behind other networks like Jito and Uniswap.
Ethereum Price Technical Analysis and Future Outlook
The chart shows a strong downward trend from a high of $4,105 last November. The price is approaching a crucial support level at $2,000, which aligns with the neckline of the triple-top pattern. Losing this level could lead to further declines, with the $1,500 mark as the next target.
Ethereum finds itself at a critical juncture as its price tests key support levels. Declining interest in ETFs and emerging challenges may affect its future trajectory.
