BlackRock's Ethereum ETF clocked a solid $31.5 million inflow today, signaling fresh institutional appetite for ETH as spot ETFs gain traction in the crypto market.

Zooming into the 4-hour ETH chart, price action holds firm at $2360.28 within a bullish structure, hugging the EMA50 at $2260.31 as immediate support while the EMA200 at $2151.8 anchors the longer-term floor. MACD screams bullish with a 33.88 reading post-golden cross, but RSI at 62.53 stays neutral, hinting at room for upside before overbought territory. Volatility squeezes inside the bands, with upper resistance at $2450.46 capping gains and lower support at $2179.12 offering a safety net—confluence here points to a potential thrust toward that upper band if inflows like BlackRock's persist, mirroring Bitcoin's recent BTC ETF-driven rallies. This aligns with ETH price prediction models eyeing crypto market trends and broader Ethereum ETF inflows.