Ethereum pinned between trendline and $2.5K; ETFs log $600M outflows in Dec 15 week

Ethereum is confined between a long-standing descending trendline and a major $2.5K support on the daily chart, with volatility shrinking and rallies fading. On-chain flows turned cautious in the week beginning December 15, as spot ETH ETFs saw over $600M in net outflows, including roughly $467M from BlackRock's ETHA, according to Shayan.