Ethereum Price Beyond $3400 as ETF Inflows Surge?

Ethereum recorded a strong wave of inflows into spot ETF on September 29, 2025, pushing price toward $3400 level.

Fidelity and BlackRock were among the largest buyers, adding confidence to market sentiment. Technical support levels and derivatives activity suggested an it was possible to clear key resistance.

Institutional Flows Support Ethereum (ETH) Price Momentum

Data showed that Ethereum ETFs attracted around $547 Million on September 29. Fidelity added about $202 Million, while BlackRock purchased close to $154 Million.

These inflows ended several days of consecutive outflows. Analysts said ETF demand often influenced short-term price movements.

Studies showed that $100 Million in inflows could lift spot prices between 0.3% and 0.7%. This trend suggested that Ethereum ETF flows played an important role in near-term volatility and momentum.

The renewed institutional demand provided a stabilizing force. According to market analysts, consistent inflows reduced downside pressure and helped ETH avoid deeper pullbacks during broader risk-off periods.

Institutional buying was seen as an important factor in balancing liquidity and strengthening confidence across exchanges.

At the time of writing, Ethereum (ETH) price traded around $4,146. The token was down 1% over the past 24 hours, 0.65% lower over the past week, and 5.7% lower over the past month.

Derivatives Data Confirmed Bullish Positioning for ETH Price

Traders in the derivatives market positioned for further gains. Binance reported a long-to-short ratio of 1.8, while top traders displayed higher conviction at 2.7. Open interest in futures remained elevated near $56 Billion.

Daily futures volumes climbed 38% to $72 Billion, while options activity increased by 50%. These increases suggested traders were preparing for larger swings in ETH price.

Analysts said such changes in volume usually indicated heightened conviction and expectations of near-term volatility.

Chart analysis highlighted resistance near $4,275. Beyond this level, upside targets were seen at $4,450 and $4,800. Medium-term projections extended toward $5,766 if momentum sustained.

Support remained strong between $4,100 and $4,175. With ETH trading slightly above this range at press time, analysts said the level could serve as a key demand zone if any pullback occurred.

Momentum indicators also strengthened. The Relative Strength Index (RSI) was improving at press time but required confirmation from continued price action above resistance.

Analysts noted that while RSI trends were constructive, a breakout was necessary to signal structural change.

Outlook for Ethereum in the Weeks Ahead

Ethereum price remained below a descending resistance trendline traced from the September highs. Clearing this ceiling was considered essential for a larger breakout.

Analysts said a confirmed close above $4,300 would represent a shift in structure, possibly opening a path toward $4,450, $4,800, and eventually $5,766.

Ethereum ETF inflows provided a strong base for bullish positioning, while derivatives data showed traders were prepared for volatility.

Together, these elements suggested a cautiously optimistic outlook for ETH in the medium term.

At press time, the ETH price structure appeared balanced between clear support and firm resistance.

Sustained institutional buying, coupled with growing derivatives exposure, indicated that Ethereum could test higher targets if momentum carried through.

For now, Ethereum’s next major move depended on ETF participation and technical confirmation.

Market analysts continued to monitor whether inflows would persist and whether ETH price could finally close above the $4,300 barrier to establish a stronger upward trajectory.