ETH ETF inflows picked up in late August, but price is still stuck in the same range. That makes me cautious. I do not want to long ETH just because institutional demand looks better.

For short-term perps, I would not enter near the middle of the range. I will wait for a daily close above resistance, then see if price can hold it. If ETH breaks out and falls back into the range, I am out. I would also keep leverage low since this setup can reverse quickly.
Are ETF inflows enough for you to enter? Are you waiting for price confirmation too?