š Price & Momentum
is trading near $2,500, pulling back after testing resistance around $2,879, but remains supported in the $2,460ā$2,580 range .
On Binanceās live chart: price is roughly $2,535 (+1.0% over 24āÆh), with a 24āÆh range of $2,499ā$2,558 .
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š Technical Setup & Strategy
Bullish view: A breakout above $2,580 could open the door to targets like $2,650ā$2,720; entry zone between $2,500ā$2,520, stop-loss suggested around $2,450 .
Bearish signals: If ETH slips under the $2,326ā$2,500 zone, traders will watch for a possible slide toward $2,191ā$1,943 .
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š OnāChain & Institutional Flow
Spot ETH ETF inflows reached approximately 154,000 ETH this week, led by BlackRockās ETHA adding over $500āÆM; total spot ETF AUM is now ~$10.8āÆB .
Large holders (āwhalesā) have been accumulating, with ~1.49M ETH (3.7%) added to wallets holding 1kā100k ETH .
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š§ Ecosystem & Sentiment
Grayscale reaffirms Ethereumās status as a āfundamental assetā in crypto, citing its developer ecosystem, transaction fees, and DeFi/NFT dominance .
The Ethereum Foundation moved 1,000 ETH internally (~$2.5āÆM), per PeckShield .
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š Bottom Line
Ethereum is consolidating above key support (~$2,500) with eyes on a breakout above $2,580 to shift towards bullish targets ($2,650ā$2,720). Watch closely: a drop below $2,500ā$2,326 may expose lower levels ($2,200ā$2,100+). Institutional flows into ETFs and whale accumulation continue to underpin positive sentiment.