Fidelity's Ethereum ETF just clocked a -$2.9 million daily flow, signaling persistent outflows in the spot ETH market, per data from Farside Investors. This dip aligns with broader Ethereum ETF outflows over the past six months, where net flows have trended negative amid regulatory headwinds and shifting investor sentiment toward alternatives like Bitcoin (BTC).

Zooming into the 4h ETH chart, price action holds bullish above the EMA200 at $2212.05, with the EMA50 at $2312.44 acting as immediate support. MACD shows a golden cross despite the -5.24 reading, pointing to sustained upside momentum, while RSI at 50.48 stays neutral—avoiding overbought territory. Volatility squeezes inside Bollinger Bands, with upper resistance at $2354.83 capping gains and lower support at $2273.69 offering a cushion; expect a test of that upper band before any retrace, blending macro crypto trends with potential ETH price prediction upside if BTC hype sustains.