The 10-day streak of Ethereum (Ether) inflows came to a sharp halt. Ethereum price fell to the $2,300 level during today’s Asian trading session, but that doesn’t necessarily mean we face gloomy bearish expectations.
Spot Ethereum ETFs saw net outflows of $75.9 million on April 23, abruptly ending a 10-day streak of positive inflows. Yesterday’s figures are considered weak compared to the previous session, which saw inflows of $96.4 million, representing a negative development of $172.3 million in a day.
In contrast, Spot Bitcoin ETFs attracted around $223 million on the same day, extending their streak of entries to eight days. Strategy’s latest purchase, worth $2.54 billion, also provided further support to the Bitcoin side of the market balance.
With $8.6 billion worth of Bitcoin and Ethereum options expiring today and Bitcoin dominance at 60%, attention has suddenly returned to the ETH/BTC trading pair.
Ethereum Price Prediction: Is $2,500 Out of Reach?
Ethereum opened the day at $2,375 before sliding to $2,310 late in the morning, a move that took the price back below the uptrend level of $2,400, which bulls need to reclaim. Binance analysts point out that the $2,500 level represents a critical support zone, warning that failure to breach the resistance level could pave the way for a decline towards $2,200.
Trading volume in 24 hours decreased by 8% to around $17 billion, which could mean that the capitulation phase is still in place. The Fear and Greed Index stands at 39 (fear), which is a much better situation than it was during last month’s state of extreme fear. As for the Relative Strength Index (RSI), it registers around 58, which is a technically neutral level, which leaves room for movement in both directions.
If Ethereum manages to reclaim the $2,400 level again as trading volume recovers, it could not only reach $2,500 but could also try to test higher resistance levels between $2,800 and $3,000.
The options expiration on April 24 adds an element of short-term volatility; The price may fluctuate in either direction before contracts are settled and a clearer direction is determined. It is therefore advisable to remain cautious.
LiquidChain: Liquidity comparable to Ethereum funds
The end of a series of Ethereum fund flows in the middle of a bull run is a useful reminder: even assets with real institutional momentum can stall at false technical crossovers. The trend toward early-stage infrastructure projects typically increases when large-cap assets lose momentum at resistance levels, which is worth considering.
The LiquidChain ($LIQUID) project is emerging as a layer 3 infrastructure, positioning itself as a cross-chain liquidity layer, integrating Bitcoin, Ethereum and Solana liquidity into a single execution environment. This allows developers to deploy once and access all three systems simultaneously, addressing one of the most difficult friction points to resolve in decentralized finance (DeFi): fragmented liquidity across incompatible networks.
The “unified liquidity layer” and “one-step execution” architecture are the most prominent features of the project. The pre-sale of the project managed to collect 700 thousand dollars So far, at the current price of $0.01452 For each LIQUID token. And don’t forget the high stake reward of up to 1400% per year For first time buyers.
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