#加密生态动态追踪 $ETH 🔥Ethereum spot ETF capital flows reverse! Is a crypto rally at year-end on the horizon?

Recently, the story of Ethereum has become quite interesting. The spot ETF, which the entire market has been watching closely, experienced several weeks of continuous outflows—everyone was nervous and rushed to redeem. But surprisingly, by mid-December, the situation suddenly reversed, and data shows that money has started to flow back gradually.

The core reason behind this shift is simple: market sentiment has shifted from pessimism to wait-and-see. The previous wave of outflows was mainly driven by collective fear—fear of policies and uncertainty. Now? The macro environment has slightly improved, the Fed's rate cut expectations are less urgent, the US dollar index has weakened, and risk assets are generally getting a breather. Most importantly, regulatory policies haven't been as harsh as expected, and investors' hanging worries have been eased.

Technical factors are also supporting the narrative. Ethereum's price range has stabilized around $1800, with selling pressure noticeably easing, which opens up the possibility of a rebound. Short-term holders' cost basis is around $1850. From the current position, it’s like gathering strength on a hillside—once market sentiment turns, there’s plenty of room for an upward breakout.

If this net inflow can continue steadily, the underlying implication is significant—there may be a revival of incremental demand in the crypto market at year-end. This isn’t just a technical rebound; it reflects a quiet change in market participants’ mindset. From panic selling to cautious positioning, this process often signals the night before a real upward cycle.

What do you think? Is this a genuine turning point or just a rebound that will die out? Share your thoughts in the comments—can Ethereum turn things around by the end of the year?👇