Could Ethereum Still Pull Back Despite Positive ETF Flows?
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Yes, a pullback remains possible even with positive ETF inflows. Volume profile data shows strong opposing forces around current price levels, meaning both buyers and sellers are active near $3,130–$3,150.
If ETF flows turn negative again or broader market sentiment weakens, ETH could retrace toward its ascending trendline. A deeper correction could see the price revisit the $3,058 level, last tested earlier this month, without necessarily breaking the overall bullish structure.