• Crypto investment products registered $1.3 billion in inflows last week
• Ethereum outpaced Bitcoin with $793 million compared to $407 million

Digital asset investment products notched $1.3 billion in inflows in the past week.

It’s the fifth consecutive week of positive net flows for crypto exchange-traded products despite recent price declines. According to latest weekly flows report from digital asset manager CoinShares, the scenario outlines strong interest in buying amid market weakness.

Ethereum outpaces Bitcoin in weekly net inflows

Per a Coinshares report on February 10, the net inflows is almost double from the $747.4 million recorded the week before. The increase comes despite US President Donald Trump’s tariff impositions that saw prices dip amid investor reaction.

Bitcoin and Ethereum dominated the inflows. However, the latter outpaced the former this week, registering $793 million inflows compared to Bitcoin’s $407 million.

Overall, Bitcoin ETPs represent 7.1% of total market capitalization, making digital asset investment products the largest holder compared to other investments.

“Digital asset investment products saw inflows for the 5th consecutive week totalling US$1.3bn. Bitcoin’s BTC saw inflows of US$407m, with ETPs globally now representing 7.1% of the current market capitalisation. It was Ethereum who stole the show this week, with the price falling recently close to US$2,100 leading to significant buying-on-weakness, with inflows of US$793m,” CoinShares posted on X.

Investors see decline as a buying opportunity particularly after the rise in investment interest followed Ethereum’s price dip.

In the meantime, XRP and Solana secured third and fourth positions respectively with $21 million and $11million. Meanwhile, $1 billion in overall net inflows by the US was the highest regionally, followed by Germany, Switzerland, and Canada with $61 million, $54 million, and $37 million, respectively.

Bitcoin’s price has struggled with downside pressure below $100k in recent weeks. ETH has also experienced a tough month or so, with prices helmed below $3,000 and hitting lows of $2,100 at one time.

Ethereum‘s bullish expectations in the ongoing cycle continue to be delayed due to heightened volatility across the general crypto market. Despite its struggles to initiate a major price rally, many crypto experts remain optimistic about an upsurge, pointing to key support levels that could spark a rebound for ETH.

A Push Back For Ethereum To $4,000 Closer?

Technical expert and trader Ali Martinez has highlighted an encouraging development for Ethereum, which could see the altcoin transitioning toward a positive territory shortly. Ali Martinez has predicted that ETH is eyeing possible upward movement to key resistance levels, but there’s a catch.

In his analysis, Ali Martinez stated that ETH might recover between the $3,000 and $4,000 level as it hovers near the crucial $2,600 support area. For the altcoin to surge to the price range, the expert noted that it needs to maintain its footing above this critical support zone.

ETH’s sustenance of the level is likely to build a bullish momentum, setting the stage for a strong recovery. The chart shows a Parallel Channel formation, a pattern that has historically preceded an upward trend.

His bullish forecast comes as ETH navigates heightened volatility, hindering its price from experiencing a notable price rally. Despite the worrying price movements, Martinez contends that now could be the right time to purchase the altcoin.

This is due to a positive signal cited in the TD Sequential indicator. Looking at Ethereum’s chart, the analyst outlined that ETH appears to be gearing up for a rebound as the indicator flashes a potential buy signal in the weekly and daily time frame.

The TD Sequential coupled with growing buying pressure, ETH could witness a trend reversal. Nonetheless, validating the authenticity of the signal will depend heavily on the state of the market and broader sentiment.

Once Ethereum recovers its upward trend, a 100% growth might be imminent. Ted Pillows, a market analyst and investor predicted after comparing the current price trend with the one seen in 2024.

In 2024, ETH witnessed a drop to crucial support levels such as the $2,100 mark. Following the decline, the altcoin pumped about 100% in the next 6 weeks. With recent price action trending similarly to 2024, the analyst expects the same 100% rally in the following weeks.

ETH Holding An Ascending Support

As ETH prepares for a rebound, Carl Moon noted that the asset is holding on to ascending support and has every potential to reenter into the pattern. After that, the analyst has placed the $4,000 target in the medium term.

Ethereum continues to hold above the $2,600 level with bullish momentum. Investors are betting significantly on its future price performances. Presently, its trading volume has surged by more than 87% in the last day.

Featured image from Unsplash, chart from Tradingview.com

Ethereum has been struggling below the $2,800 mark for days, with sentiment around the second-largest cryptocurrency in the world becoming increasingly negative. Persistent selling pressure has left investors and analysts worried about Ethereum’s ability to stage a recovery, with many starting to lose hope for a rally. 

The bearish sentiment has only intensified as ETH continues to underperform compared to Bitcoin and other major assets, causing frustration among market participants who expected a stronger start to the year.

Related Reading

Despite this negative outlook, there are reasons for optimism. Top analyst Jelle shared a technical analysis revealing that Ethereum is still trading within a multi-year ascending triangle, a bullish chart pattern that could signal a significant move higher. This pattern suggests Ethereum may just be consolidating before a potential breakout into higher prices. Historical patterns have shown that ascending triangles often lead to explosive price moves when key resistance levels are breached.

As ETH trades near critical support levels, the coming days will be crucial for determining its short-term direction. Investors are watching closely to see if this bullish pattern holds and whether Ethereum can regain momentum, potentially sparking a recovery that could restore confidence in the market.

Ethereum Prepares For A Decisive Move

Ethereum appears to be gearing up for a decisive move as it struggles to reclaim momentum amid a challenging market environment. Investors are growing increasingly frustrated with Ethereum’s lackluster price action, and optimism for a rally is fading. 

Compared to Bitcoin and other altcoins like Solana, Ethereum has been underperforming, leaving bulls with little control over the price action. The constant selling pressure has dampened hopes for a recovery, leading many to question whether Ethereum can regain its footing.

However, not all hope is lost. Top analyst Jelle recently shared a technical analysis on X, pointing out that Ethereum is still trading within a multi-year ascending triangle—a bullish pattern that historically precedes explosive moves. 

According to Jelle, Ethereum’s price has faked out on both sides of this structure, a behavior that often suggests the next move will be the real deal. This technical setup indicates that Ethereum is building energy for a significant breakout or breakdown.

Related Reading

Jelle also highlights the $4,000 mark as a critical supply zone. Ethereum has tested this level three times without success, but he believes the fourth attempt could finally break through. If Ethereum can clear this key resistance, it would mark a turning point and potentially ignite a rally into price discovery, restoring confidence among investors.

Price Analysis: Key Levels To Hold

Ethereum is currently trading at $2,650 after several days of selling pressure and market uncertainty. The price has struggled to reclaim the $2,800 mark since last Wednesday, reflecting a bearish sentiment that has dominated ETH’s price action since late December. Bulls are facing increasing challenges as the momentum remains on the side of the bears, and confidence among investors continues to weaken.

To reverse the ongoing downtrend, bulls need to hold the $2,600 level as strong support. This price has acted as a key demand zone in the past and could provide the foundation for a recovery. However, simply holding this level is not enough—Ethereum must also reclaim the $2,800 mark and, more importantly, break above the $3,000 level to signal a shift in market sentiment.

Related Reading

If Ethereum can hold above $2,600 and successfully reclaim both the $2,800 and $3,000 levels, it could spark a push into higher supply zones. A move like this would provide the momentum needed for bulls to regain control and potentially drive ETH toward stronger resistance levels. However, failing to hold $2,600 could open the door to further downside, with the next critical support levels significantly lower.

Featured image from Dall-E, chart from TradingView