ETH Outflows Surge as $3K Resistance Holds Strong

Ether trades under $3,000 with ETF outflows reaching $224M on Dec 16. BlackRock ETF ETHA takes the lead with its fourth consecutive day of outflows, indicating a bearish mood.

Ether is still languishing below the $3,000 mark. The second most traded cryptocurrency was priced at 2,919 at the time of press. Prices dropped 0.5% over 24 hours.

The asset has fallen 12 percent in the last week. ETH is currently 41 percent below its all-time high of August 4,946. The market momentum is low on various indicators.

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Mass Exodus From ETH Funds Accelerates

On December 16, U.S. spot ETFs registered net outflows of 224.26 million. This is the fourth day in a row of withdrawals. Sustained selling pressure is confirmed by the data of SoSoValue.

The exodus was headed by ETHA BlackRock. The fund lost 221 million in one session. Fidelity FETH was second with 2.94 million outflows.

Weekly Withdrawals ETF of ETH have gone up to 449 million. The same day, investors withdrew $277 million from Bitcoin ETFs. Total outflows exceeded half a billion.

Source : TedPillows 

It is the biggest one-day withdrawal in almost two weeks. As TedPillows on X says, Ethereum is range-bound. The analyst cautioned that ETH must regain $3,000 in the short run or it may end up lower than $2,800.

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Trading Activity Cools Dramatically

Daily volume fell to $22.3 billion. This is a decrease of 27 percent compared to the previous session. The number of traders joining positions is dwindling as the prices stagnate.

Derivatives figures indicate that traders are reducing exposure. The volume of ETH derivatives fell to 58 billion. Open interest dropped 2.2% to $36.87 billion.

These actions are signs of position unwinding as opposed to new leverage. This trend is observed when the market is experiencing a pullback. Based on quarterly data, outflows of Q4 2025 ETFs were about 1.8 billion dollars.

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Technical Indicators Flash Red Signals

Ether trades in the medium-term decline. Prices keep recording low highs and lows. Every bounce is capped lower than the former swing highs.

In the daily charts, the asset clings to the lower Bollinger Band. This is usually an indicator of continuation of trends and not reversal. The 20-day SMA is resistance several times.

The RSI is at around 41, which is under the neutral 50. This proves that bearish momentum continues. All indicators of momentum are bearish, like MACD.

To recover, ETH needs to snap out of the range of above 3,060-3,100. Unless prices can support at $2,900, then there will be a possibility of a downside. The second level of support is at 2,800.