$ETH ‌ETH is giving a classic dip accumulation signal.

The price is trading around $1,650 after touching a 24H low near $1,637. The chart shows a pullback from the higher area near $1,754, but the decline is not the full story. The more important part is that ETH is still attracting massive liquidity.

ETH recorded 670.96M in 24H inflow. That is a very strong number, especially during a red day. When an asset is down but inflows remain large, it often means large players are not running away. They are using the weakness to position.

This is exactly how accumulation often looks. Price appears weak. Sentiment becomes negative. Short term traders panic. But underneath the surface, capital keeps entering. That is why inflows matter more than short term candles. ETH remains the number 3 ranked asset with a market cap above 201B. This means ETH is still one of the core assets of the crypto market. It has deep liquidity, strong institutional attention, and a major role in DeFi, stablecoins, tokenization, staking, and on chain activity.

The important zone to watch is the $1,637 to $1,650 area. If ETH continues to hold this region and reclaims $1,690, the chart could shift from weakness to recovery very fast.

Bullish view: ETH is not showing collapse. It is showing a controlled pullback with strong inflows. That is the kind of setup that often forms before a reversal.

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