$ETH **Ethereum (ETH) holds steady amid market fluctuations on May 16, 2025.**

Currently trading at $2,596.61, ETH has experienced a modest 0.01% increase over the past 24 hours, with intraday prices ranging between $2,496.89 and $2,596.66.

Despite recent ETF outflows totaling $39.8 million, including significant withdrawals from Fidelity and Grayscale, Ethereum's price remains resilient. This stability is further supported by BlackRock's recent $8.4 million investment in ETH, signaling continued institutional interest.

Over the past month, Ethereum has surged by 58%, reflecting strong investor confidence. Analysts are closely watching the $3,000 resistance level, with support identified around $2,233.

As Ethereum navigates these dynamics, its performance continues to be a focal point for traders and investors alike.