ETH Slides 2.4% Amid Market Volatility Despite Strong ETF Inflows and Regulatory Progress

Ethereum (ETHUSDT) experienced a 2.40% decline over the past 24 hours, with the price dropping from a 24h open of $2,611.49 to a current level of $2,548.89 on Binance. This price decrease is primarily attributed to recent market volatility following a rebound from the $2,517–$2,540 accumulation zone, continued resistance near the $2,710 level, and broader market uncertainty influenced by external geopolitical factors. Despite strong institutional inflows into Ether ETFs and positive regulatory developments such as Vietnam’s official recognition of crypto assets, short-term technical indicators remain mixed and upward momentum is capped by persistent resistance. Trading volume remains robust, reflecting high liquidity, while Ethereum continues to rank as the second-largest cryptocurrency by market capitalization.