Ethereum (ETH) rebounded to nearly $2,434 before settling close to $2,390 on November 5, marking a recovery after dipping to $2,200 earlier in the week. Despite the upward movement, ETH is still facing notable resistance in the $2,450 to $2,500 zone. US spot Ethereum exchange-traded funds (ETFs) registered around $53 million in net inflows on November 4, according to Farside Investors. This signaled an end to a seven-session streak of outflows, which amounted to $656.4 million in total withdrawals.