$ETH
Today, Ethereum is demonstrating a confident positive trend. The current price of ETH is around $1,800, with an increase of more than 2% over the last 24 hours. The daily trading volume on Binance exceeded $2.1 billion, indicating increased activity from market participants.
Major institutional players have strengthened their positions in Ethereum:
• Fidelity invested $35.9 million in ETH.
• BlackRock purchased ETH for $54.4 million.
• The total inflow of funds into spot Ethereum ETFs amounted to $104.1 million over the past day — with no recorded outflows.
Additionally, it is worth noting that whales have accumulated 449,000 ETH, which potentially indicates an expectation of price growth above the level of $2,142.
From a technical standpoint, Ethereum is striving to overcome key resistance at the level of $1,825. With favorable developments, the short-term price movement range is estimated to be between $2,000 and $3,500, while long-term forecasts allow for growth up to $6,500 by the end of 2025.