Recent market activity indicates Ethereum’s upward momentum may be weakening, fueled by significant exchange inflows and subdued derivatives trading. Nearly 100,000 ETH (valued around $250 million) entered Binance in two concentrated waves, signaling potential profit-taking or heightened investor caution.
The U.S. Federal Reserve’s ongoing liquidity reductions have tightened capital availability, shrinking net liquidity from $6.2 trillion to $5.84 trillion. This macro shift continues to pressure Ethereum’s price dynamics alongside technical indicators showing neutral-to-mixed signals. ETH currently trades near $2,451 – just below the $2,455 resistance zone – with a standoffish RSI reading of 48.9 and contradictory MACD patterns.
Market participants are advised to closely monitor exchange reserves and derivatives behavior for directional clues. Technical thresholds suggest potential upside toward $2,622 if ETH breaks above $2,500, while failure to hold the $2,287 support level could trigger deeper corrective movement. Caution prevails as these factors combine to increase near-term volatility risks.