Ethereum has reached a significant resistance level at 2,100 USD, yet questions linger about its ability to break the 2,200 USD barrier. The continued outflow from Ether ETFs, totaling over 403.64 million USD in the past 13 days, reflects a strong selling trend.
Despite a bullish pattern forming in the market, technical indicators hint at high volatility and possible price pullbacks. If bullish momentum persists, ETH could target 2,155 USD. However, sustained bearish sentiment might lead to a dip to 2,000 USD.