$ETH
📊 Current price of ETH
As of 14:00 Kyiv time, Ethereum is trading at $2,625.97, showing an increase of 3.37% over the last 24 hours. The minimum price for the day was $2,496.89, and the maximum was $2,625.97.
🏦 Institutional investments
Today, BlackRock acquired Ethereum for $8.4 million, which caused a short-term increase in the price of ETH to $3,150 and a 38% increase in trading volume.
📈 Options contracts
Today, 220,000 options on ETH are expiring with a "maximum pain" level at $2,300, which may affect short-term volatility.
🧱 Technical analysis
ETH is consolidating in the range of $2,500–$2,870, showing a decrease in momentum after a recent increase of 15%. The level of $2,500 acts as key support, while $2,870 serves as the nearest resistance.
📌 Conclusion
Ethereum maintains a bullish sentiment despite the current consolidation. Institutional investments and technical support levels indicate the potential for further growth; however, traders should be cautious of possible volatility related to the expiration of options.