Ethereum Price News: ETH ETF Funds Reflow, $3150 Becomes a Key Resistance Level

ETH2,67%
BTC4,24%
SOL3,44%

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.

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