Bitcoin and Ethereum ETFs Draw in Record-Breaking $192 Billion

Bitcoin and Ethereum ETFs have seen significant net inflows over the past five days, totaling $192 billion. This influx of capital is a reflection of investor interest in these assets, with monthly totals reaching $2.38 billion for Bitcoin and $939.86 million for Ethereum, marking nearly a year's strongest figures.

Looking at the technical analysis on the ETH 4h chart, Ethereum is currently trading at $2457.81, holding above the EMA50 support level of $2239.14 within a bullish trend. However, the MACD death cross at 71.85 warns of fading momentum as Ethereum tests its upper Bollinger resistance at $2513.41 with an RSI reading of 66.82.

A pullback towards the lower band of $2339.36 remains the most probable next move before any continuation higher, indicating a cautious outlook for Ethereum's immediate future.