Ethereum's price is currently caught between two key psychological levels, struggling to maintain a position above $4,000. According to crypto analyst Rekt Capital, ETH has repeatedly breached the $4,000 mark, peaking at $4,077, but hasn't sustained it. The $3,000 level now acts as a psychological support, with ETH possibly consolidating between $3,000 and $4,000 in the near term.

On the ETF front, spot Ether ETFs have seen inflows of $2.43 billion since their July launch in the U.S., with analysts predicting continued growth. VanEck forecasts Ether's price could hit $6,000 by late 2025.