The Ethereum (ETH) price is trading with a bullish bias, holding well above the support provided by a longstanding ascending trendline. While a critical resistance holds on the 4-hour timeframe, positive ETH ETF flows on Monday inspire hope. Over $5 Million Ethereum ETF Inflows on Monday Fuels ETH Price Surge The Ethereum price continues to show strength, at least on the 4-hour timeframe, drawing tailwinds from over $5 million in ETF inflows on Monday. Data on SoSoValue shows that on January 12, spot Ethereum ETFs reported a total net inflow of $5
source: https://beincrypto.com/ethereum-resistance-5-million-etf-inflows/