Ethereum's short-term price appears driven by liquidity, as evidenced by institutional inflow into Ethereum ETFs and whale movement.

Ethereum's short-term price appears driven by liquidity, as evidenced by institutional inflow into Ethereum ETFs and whale movement. However, regulatory clarity remains a crucial factor for long-term stability. I observed ETH price surges coinciding with liquidity influx and influential figure purchases, but also note the potential impact of BitMine's slowdown and whale withdrawal on price support.