The analysis on Ethereum (ETHUSDT) highlights three critical levels: the Value Area Low at 2900, the Point of Control (POC) with an accompanying liquidity gap and Yearly VWAP at 3030, and a key support level at 2800. Recently, the price briefly spiked to 3030, experienced a swift rejection, and subsequently dropped to fill a fair value gap, ultimately finding support around 2800. Comparing ETH with BTC, the ETHBTC pair has shown bearish movement but is approaching a significant support zone, leading to a neutral outlook on short-term ETH outperformance. Ethereum ETF flows have been negative on specific days, although historical data indicates that market bottoms often coincide with outflows. Upcoming news, particularly inflation and CPI data, could impact market momentum. A significantly lower-than-expected inflation rate might trigger a market-wide bullish impulse, potentially pushing Ethereum to 3050 to fully close the liquidity gap. Conversely, without positive news, the expectation is for a recovery to the 2900-2940 range, followed by a rejection leading to new lower lows, possibly testing the 2740-2750 level (a previous POC/high liquidity zone), before establishing a local bottom and initiating a more sustained bullish momentum towards the 3050 target. The short-term outlook is described as not being exceptionally strong.