# ETHTrendWatch

Ethereum price forms a bearish pennant as December closes with $545M ETF outflows, will it crash?
Ethereum ( $ETH ) price has slumped nearly 14% in December as net outflows from its spot exchange-traded funds topped nearly $545 million within the period. Will the largest altcoin extend losses now that it is close to confirming a bearish pennant pattern?
According to data, Ethereum price has fallen nearly 14% from its December high of $3,432. Trading at a little below $3,000 when writing, ETH losses were more severe when zooming out the charts, as it stands nearly 40% below its all-time high of

$ETH — Longs Overextended, Structure Tested
Long Liquidation: $12.76K at $2984.87
Current Price: ~$2968
Key State
ETH punished late breakout longs. This is a classic retracement, not trend failure.
Support
$2940 intraday
$2885 weekly structure
Resistance
$3015
$3075 trend continuation level
Market Insight
ETH ran too far without rest. Liquidations reset leverage and allow healthier continuation.
Sentiment
Neutral to cautiously bullish.
Targets
Bounce zone: $3015
Expansion: $3075
Failure risk below $2885
Next Move
Expect range trading until leverage cools.
Pro Tip
Strong assets don’t die on fi

Institutions Exit Crypto as ETFs See Billions in Outflows
While the market delivered mixed performance this year, Bitcoin and Ethereum ETFs broadly tracked the same flow cycle.
Institutions allocated aggressively when the macro ooked clear and risk appetite was strong, helping fuel the rally and channel capital into payments and RWAs.
When macro turned uncertain, the bid faded and inflows flipped to outflows, showing institutional crypto exposure is still a broader risk-on trade tied to global financial conditions, not a steady long-term allocation.
In 2026, if macro stabilizes, the Fed moves