Ethereum price remains bullish above a long-term ascending trendline amid over $5 million inflows into Ethereum ETFs on January 12, ending a three-day outflow streak. Despite BlackRock's ETHA ETF facing $79.9 million outflows, other major funds like Grayscale and 21Shares contributed substantial positive flows. Investors are advised to watch for a decisive break and retest above $3,150 resistance to target higher price levels around $3,223 to $3,296.