- Ethereum ETF inflows and whale accumulation will assist push ETH costs greater.
- The BPO exhausting fork elevated the BLOB restrict and improved Ethereum’s scalability.
- An overbought RSI means that, regardless of energy, volatility might improve within the close to time period.
Ethereum continues its upward worth momentum, with sturdy weekly beneficial properties regardless of a slight decline within the total crypto market.
On the time of writing, Ethereum (ETH) is up 1.13% over the previous 24 hours, constructing on a strong seven-day acquire of round 9.60%.
These worth will increase got here regardless of the general crypto market declining by simply 0.44%, highlighting Ethereum’s relative energy.
ETH’s bullish momentum is supported by a mixture of institutional demand, Ethereum’s rising scalability, and favorable on-chain dynamics.
Nonetheless, technical indicators recommend that warning could also be wanted within the quick time period because the RSI is presently in overbought territory.
ETF inflows strengthen Ethereum’s institutional narrative
One of many key catalysts for Ethereum’s rise is sustained inflows into Spot Ethereum ETFs.
Knowledge from Coinglass reveals that the Spot Ethereum ETF had internet inflows of roughly $114.7 million on January 6, 2026.
These inflows come at the same time as some legacy merchandise file outflows, suggesting new institutional buyers are coming into the market.
For buyers, the demand for ETFs alerts rising confidence in Ethereum as a long-term regulated asset.
It additionally helps take up potential promoting stress, offering worth stability in periods of broader market uncertainty.
Market members are more and more viewing ETF flows as a barometer of institutional sentiment, just like how YCharts knowledge is usually used to trace macro traits throughout conventional property.
Blob parameter-only exhausting fork improves Ethereum scalability
Past demand-side components, Ethereum’s fundamentals have improved following latest community upgrades.
The Fusaka improve, enabled in December 2025, launched significant enhancements to Ethereum’s scalability.
Central to this development is the Blob Parameter-Solely exhausting fork (generally known as the BPO exhausting fork).
The BPO exhausting fork that went dwell on Wednesday at 1:01:11 UTC elevated the blob per block restrict, rising the quantity of information that may be processed effectively.
By increasing blob capability, Ethereum decreased knowledge prices for layer 2 rollups with out overburdening the bottom layer.
This design is in line with Ethereum’s long-term rollup-centric roadmap advocated by Ethereum co-founder Vitalik Buterin.
Decrease Layer 2 costs are already resulting in elevated community utilization, with day by day transactions reaching multi-month highs.
The BPO improve additionally improves circumstances for superior scaling options reminiscent of zero-knowledge Ethereum Digital Machine (zkEVM).
These zkEVMs rely closely on environment friendly knowledge availability, and a excessive BLOB restrict is an architectural benefit.
Builders see BPO as a stepping stone to even bigger upgrades, together with a Gramsterdam exhausting fork scheduled for late 2026.
The Gramsterdam exhausting fork is predicted to additional improve throughput and computational effectivity throughout the Ethereum ecosystem.
These modifications strengthen Ethereum’s worth proposition as a scalable cost layer for decentralized functions.
Whale accumulation helps costs, however momentum is overheating
On-chain knowledge provides one other layer of assist to the Ethereum bullish story.
Massive holders, also known as whales, have amassed over 3.62 million ETH over the previous month, in response to CryptoQuant knowledge.
On the similar time, Ethereum’s international alternate reserves have fallen to ranges not seen in practically 9 years.
A lower in international alternate balances often means much less quick promoting stress.
This sample means that long-term holders are taking positions aiming for greater costs relatively than a short-term exit.
However the momentum indicators are beginning to flash crimson flags.
Ethereum’s relative energy index (RSI) has risen to round 64, putting it close to overbought territory.
Traditionally, will increase in such RSI readings can precede durations of short-term declines or worth actions.
Future by-product occasions, together with the expiration of short-term choices, might amplify volatility.
Ethereum worth prediction
The medium- to long-term outlook for Ethereum stays optimistic, supported by ETF inflows, Ethereum’s rising scalability, and reducing liquid provide.
A blob parameter-only exhausting fork and better blob limits strengthen the technical basis of the community and assist Layer 2 progress.
Steady progress in direction of upgrades just like the Gramsterdam exhausting fork retains Ethereum aligned with Vitalik Buterin’s long-term imaginative and prescient.
At present, ETH’s quick resistance lies on the 100-day EMA at $3,307, and a break above might open the door for additional upside towards the subsequent resistance degree on the 200-day EMA at $3,352.
Nonetheless, within the quick time period, the rising RSI means that merchants ought to brace for worth actions that might push Ethereum right down to the 50-day EMA assist at $3,132.
Nonetheless, if ETF inflows stay sturdy and on-chain accumulation continues, any pullback might be shallow.
Total, Ethereum seems well-positioned for additional upside, however a dip in momentum warrants warning within the quick time period.