ETH bounces from $2,460
as buying momentum returns, helped by strong ETF inflows and renewed
interest from institutional investors.

What to know:

  • ETH
    bounced 3% off $2,460 support, peaking near $2,532 before consolidating
    above $2,500, according to CoinDesk Research's technical analysis
    model.

  • Trading volume surged during the recovery, confirming buyer momentum at key support.

  • BlackRock’s ETHA ETF saw $492M in inflows last week, indicating strong institutional demand.

Ether ETH

$2,517.20
has rebounded firmly from key support near $2,460, recovering losses
and stabilizing above the $2,500 threshold amid broader market
volatility.

The rally follows a higher low formation backed by above-average volume, signaling growing market confidence.

Institutional
participation appears to be reinforcing the trend, with BlackRock’s
ETHA ETF reporting $492 million in net inflows last week.

Total
holdings now exceed $4.84 billion, reinforcing long-term bullish
sentiment even as price action remains sensitive to geopolitical
developments.

Traders are watching to see if ETH can challenge resistance in the $2,520–$2,530 range.

Technical Analysis Highlights

  • ETH traded within a $72 range over 24 hours, from a low of $2,460.35 to a high of $2,532.41.

  • A key support zone formed at $2,460–$2,470, where ETH bounced on strong volume during midnight hours.

  • Final hour surge reached $2,515.11, backed by 5,919 ETH in volume.

  • Higher low structure established with interim support at $2,485 and resistance at $2,503.

  • Final retracement held support at $2,507, with price consolidating around $2,510 into the close.

#BlackRock⁩ #ETH🔥🔥🔥🔥🔥🔥

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