Ethereum (ETH) is expected to break into a crucial resistance level at $4,100 to hit $8,000 by 2025. 
This bullish thesis is supported by the rising performance of the Ethereum (ETH) ETFs which have printed net inflows for seven consecutive days. 
Ethereum (ETH) has taken a nosedive from its yearly high of $4,100 to $3,334 after losing 14% of its weekly value. According to analysts, the asset is currently trading in a bearish short-term trend and moving below the 100-hourly Simple Moving Average.
Currently, a crucial resistance level is found at $3,420. Meanwhile, ETH has been predicted to continue its downward trend if it moves below the current support levels at $3,200, $3,120, and $3,000. However, breaking above the highlighted resistance level could see ETH reaching $3,500 and around $3,650.
Amid the backdrop of this, the spot ETH ETF has attracted a massive amount of inflow from institutional investors. According to data, the ETH ETF recorded a seven consecutive day net inflow,

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