Ether (ETH) extended its upward momentum this week, rallying from $2,478 to a high of $2,650.18 before consolidating near $2,617. The move comes amid surging institutional interest and a sharp drop in exchange balances — a combination fueling long-term bullish sentiment.

🚀 Inflows Surge to 2025 Peak

Last week, Ether-linked spot ETFs recorded $321 million in inflows — the largest weekly figure of 2025 so far. This marks the highest capital inflow since December and underscores growing investor confidence in ETH’s long-term potential.

At the same time, centralized exchange balances dropped to 7-year lows, indicating that more holders are moving #ETH into self-custody, signaling accumulation and reduced sell pressure.

📊 Technical Snapshot

  • 24H Range: $2,478 – $2,650.18 (+6.97%)

  • Key Resistance Broken: $2,550, on 288K ETH volume

  • Current Support Zone: $2,610–$2,615

  • Bullish Indicator: Higher lows holding; trend remains upward

  • Notable Dip: Brief touch at $2,609 during a volume spike at 07:58 UTC

#ETH is now consolidating above $2,600 following a modest pullback, with bulls defending key support levels. Analysts expect continued strength if volume sustains and macro sentiment stays risk-on.

🧠 What This Means

Despite broader market hesitation — including #bitcoin underwhelming monthly close — ETH remains one of the week’s top performers. The combination of ETF demand and dwindling exchange supply paints a positive outlook for Ethereum in the weeks ahead.

Stay tuned for more updates as ETH tests the resilience of the $2,600+ zone.