As of March 30, 2026, Ethereum (
$ETH ) is showing signs of a short-term recovery, trading at approximately $2,068. While the price has increased by over 3.5% in the last 24 hours, the broader market remains cautious due to geopolitical tensions and recent institutional outflows from spot ETFs.
ETH is currently testing a critical resistance zone. A sustained hold above $1,980 is necessary to target $2,070–$2,100. However, it remains below its 200-day moving average (~$2,059), which keeps the medium-term structure bearish.
The Ethereum Foundation recently made its largest-ever staking move, locking $46.2 million worth of ETH. Conversely, spot ETFs like BlackRock's ETHA saw heavy weekly outflows of ~$285 million, indicating a lack of immediate institutional conviction.
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