Bitcoin Demand Vacuum Deepens: ETF Outflows and Whale Distribution Signal More Pain – Or Opportunity? 
BP’s Castrol Stake Sale Raises Debt Relief Hopes but Sparks Cash Flow Concerns 
ETHUSD Defies ETF Outflows: Holds Above $3000, Bulls Eye $3200 Breakout 
Tesla Poised for Breakout Year in 2026 as New Products and EV Market Reset Drive Growth 
ETHUSD trades weakly following the footsteps of BTC. It hits an intraday low of $3086 and is currently trading $3108.
US spot Ethereum ETFs have recorded significant net inflows in the first few days of the week of 5, 8 January 2026, after reversing the previous outflows, with a net inflow of nearly $340 million as of January 5.
On January 2, the ETFs drew $174. 5 million, mainly as a result of Grayscale's ETHE, while on January 5, there was an additional $165 million in inflows led by BlackRock's ETHA, which contributed $100.23 million together with the strong performance of Fidelity's FETH, thus signaling a renewed institutional interest in Ethereum exposure, supported by an improving market sentiment.
Oscillators and moving averages to forecast the trend of ETHUSD
CMP- $3108
EMA (4-hour chart)
55-EMA- $3121
200-EMA- $3074
365-EMA- $3174. The pair trades below the short and above the 200 and below the 365 -4H EMA.
Major Support - $2900. Any breach below $2900 will drag the pair down to $2600/$2500/$2300/$2000.
Major Resistance - $3300. Any break above $3300 confirms minor bullishness, a jump to $3458/$3565/$3700/$4000.
Indicators (4-hour chart)
CCI(50)- Neutral
ADX- Neutral
5. Investment Strategy for ETHUSD
It is good to buy on dips around $3000 with a stop loss around $2770 for target profits of $3540/$3600.
