BlackRock's Ethereum ETF clocked a solid $30.8 million inflow in the latest daily update from Farside Investors, underscoring sustained institutional appetite for ETH exposure despite broader crypto market trends.

Zooming into the 4-hour chart, ETH trades at $2408.06 in a clear bullish structure, hugging above the 50-EMA support at $2305.23 and well clear of the 200-EMA at $2177.67. MACD's golden cross at 32.49 screams continuation, while RSI at 62.11 stays neutral with ample headroom before overbought signals kick in. Price dances inside the Bollinger Bands, eyeing upper resistance at $2437.88—break that, and we're targeting fresh highs; otherwise, expect a dip to lower support at $2286.65 for reaccumulation, aligning with ETH price prediction models favoring upside in this Bitcoin-led rally.