ETHUSD Defies ETF Outflows: Holds Above $3000, Bulls Eye $3200 Breakout

ETHUSD trades above $3000 despite weak institutional demand. It hit an intraday high of $3260 and is currently trading $3043.

With six straight days of redemptions, U.S. spot Ethereum ETFs have had substantial net outflows of approximately $685–700 million over the week ending December 19, 2025. BlackRock's iShares Ethereum Trust (ETHA) topped the selling with almost $467 million withdrawn, followed by minor departures from Fidelity's FETH (~$35 million) and Grayscale's ETHE (~$49 million). Institutional risk mitigation in the face of economic unpredictability and Ethereum's continuous underperformance, which has kept ETH price action range-bound and pressured between $2,700–$2,900, is being credited for the strong redemptions, including a single-day peak of around $102 million from ETHA on December 18. Though Grayscale's ETHE reflects long-term net outflows following its trust conversion, ETHA still has the highest overall inflows from inception (~$12–13 billion). 

Oscillators and moving averages to forecast the trend of ETHUSD

CMP- $3043

EMA (4-hour chart)

55-EMA- $2994

200-EMA- $3099

365-EMA- $3270. The pair trades above short and below long term moving average.

Major Support - $2960. Any breach below $2960 will drag the pair down to $2900/$2600/$2500/$2300/$2000.

Major Resistance - $3200.  Any break above $3200 confirms minor bullishness, a jump to $3320/$3458/$3565/$3700/$4000.

Indicators (4-hour chart)

CCI(50)- Bullish

ADX-  Bullish

5. Investment Strategy for ETHUSD

It is good to buy on dips around $2958-60 with a stop loss around $2700 for target profits of $3540/$3600.