Ethereum Price Analysis: ETH Targets $3,000 Amid Strong ETF Inflows

Ethereum (ETH) is trading at $2,735, showing a slight 0.61% decline over 24 hours following a 15% weekly gain. US spot ETH ETFs recorded $270 million in inflows on Monday, the highest since October. BitMine Immersion increased its holdings by 12,500 ETH, bringing its total to 5.983 million ETH. Despite macroeconomic headwinds, analysts suggest institutional flows are driving the current rally, with $2,800 serving as a key resistance level for a potential move toward $3,000.