As of May 26, 2025, Ethereum $ETH is trading at approximately $2,566.02, reflecting a 2.4% increase over the past 24 hours.
The broader #crypto market is experiencing positive momentum, with total digital asset inflows reaching $3.3 billion, indicating renewed investor interest .
Technical analyses suggest that $ETH is forming a bullish flag pattern above its 200-day EMA, potentially targeting a price of $3,577 if the pattern confirms .
On-chain data reveals a surge in smart contract deployments, reaching levels not seen since 2021, and whale wallets now hold nearly 21 million #ETHETFsApproved , signaling strong investor confidence .
However, it's important to note that external factors, such as recent tariff threats from President Trump, have introduced volatility into the market, causing $ETH to decline by 3% following the announcement .
Overall, #ETH is showing signs of recovery and potential growth, but investors should remain cautious of macroeconomic factors that could impact its performance.