ETH data shows that all future bearish trends are buying opportunities.

The price of Ethereum (ETH) has witnessed a volatile period over the week as this altcoin reached a 15-week high of $2,879 on Wednesday before shedding 15% of its value, dropping to $2,433 on Friday.

While ETH is consolidating below $2,600, a pattern on the longer time frame suggests that the top altcoin may prolong its pain in the coming weeks.

Ether chart – 1 week | Source: TradingViewAs observed in the 1-week timeframe, ETH has formed a rising channel pattern on the chart. This pattern, characterized by higher highs and higher lows with parallel upward slopes, indicates a stable upward trend.

However, it also points out that Ether may experience a strong fall below the support trendline, leading to corrections close to the support range around $2,100 – $2,200 if selling pressure increases.

$2,100 – $2,200 is the range that previously served as a support zone from late 2023 to August 2024.

In the past, Ether's performance in Q3 has heightened expectations for a potential downturn. This altcoin recorded an average return of only 0.88% in Q3, with the two previous instances showing sharp declines of 24.19% and 13.64%, respectively.

! Ether Quarterly Performance | Source: CoinGlassThe crypto market tends to see a decrease in trading volume and volatility due to the summer holidays, and if this seasonal trend lasts until Q3 2025, Ether could fall to a range of $2,100 – $2,200.

$2,100 is the price increase bet

The price level near $2,100 could mark an entry point for the strategy for ETH. The capital inflow into spot ETH ETFs is increasing. According to Glassnode:

"Just this week alone, these funds have seen 154,000 ETH flow in, which is 5 times the recent weekly average. This month, the largest single-day inflow of ETH reached 77,000 ETH on June 11."

The flow chart of funds for ETH spot ETFs | Source: GlassnodeIn addition to accumulating from spot ETF funds, BlackRock's purchase of Ether through iShares Ethereum Trust (ETHA) indicates the capital flow from large institutional investors.

With over 500 million USD worth of ETH added in recent weeks, bringing the total holdings to 1.51 million ETH (3.87 billion USD), BlackRock's structured accumulation indicates long-term bullish prospects.

BlackRock's Bitcoin and Ether Allocation | Source: Arkham IntelligenceData from Token Terminal also indicates that billions of USD are flowing into Ether as financial services and technology companies proceed with asset tokenization. The chart shows that the managed tokenized assets have surged to over 5 billion USD, with major companies like BlackRock and Apollo driving this trend.

Interest from large institutions, combined with the usual strength of ETH in Q4, driven by year-end investment strategies, could trigger an ETH breakout by the end of 2025.

Financial service companies built on Ethereum | Source: Token TerminalVincent