Ethereum has seen a net withdrawal of 130,000 ETH from exchanges, while spot ETFs, particularly from BlackRock and Fidelity, report significant inflows, indicating rising institutional interest. Currently priced at $3,922, ETH is testing the crucial resistance level of $3,930, with analysts optimistic about a potential rise to $5,000, contingent on overcoming key resistance levels. However, failure to break through could lead to a retreat to support around $3,550.