Ethereum price has pulled back in recent weeks despite positive ETF and staking inflows. 🎢

- ETH is down 17.2% in December at $3,400.

- BlackRock, Grayscale and others are offering ETH funds, with ETF inflows reaching $2.68 billion.

- Staking volume increased to 55.18 million ETH, reward rate 3.06%.

- Technical analysis is showing signs of recovery according to the Elliot Wave model.