**Ethereum $ETH

reaches its annual maximum driven by key factors**

Over the weekend, the price of Ethereum (ETH) marked a new record for the year by exceeding $3,700, thanks to a combination of institutional, technical, and regulatory elements.

On Saturday morning, ETH reached $3,737, a value not seen since March. This rise not only represents a solid recovery for the second most relevant cryptocurrency in the market but also reinforces its appeal among institutional investors.

**#ETH🔥🔥🔥🔥🔥🔥 , large investors, and regulation: the engines behind the ETH push**

One of the main factors behind the rise is the historic inflows into the recently approved spot Ethereum ETFs in the United States. In just one day, these funds gathered between $720 and $900 million, with prominent managers such as #BlackRock⁩ , Fidelity, and #Grayscale actively participating. This reflects a growing institutional interest in Ethereum.

Simultaneously, there has been strong accumulation of ETH by so-called "whales", i.e., large investors. Reports indicate that they are moving their assets off exchanges to cold wallets, which suggests confidence in medium-term performance. Even an old wallet associated with a Coinbase hack became active again to acquire more than 650 ETH around $3,560.

In regulatory terms, the conditions also seem to favor the ecosystem. The recent approval of legislations such as the GENIUS Act and the CLARITY Act in the United States has provided greater legal certainty to digital assets and could allow the inclusion of ETH staking in ETFs before the end of the year. This change could attract even more capital to the Ethereum environment.

**Technical analysis and price projections**

From a technical perspective, Ethereum decisively broke a key resistance in the $3,620 to $3,700 range. This advance has led analysts to set near-term targets at $3,820 and even $4,050. However, they warn of potential corrections in the short term due to profit-taking.

Open interest in ETH futures already exceeds $52 billion, indicating high speculative activity. However, this also represents a risk: if the price stabilizes or declines, there could be sharp movements due to leverage usage.

**Key points to follow in the coming days**

Looking ahead, experts suggest paying attention to three aspects:

* The continuity of capital flow towards ETFs.

* The actions of whales and large holders.

* The weekly close of the ETH price: staying above $3,700 could confirm the consolidation of a new range and enable further increases.

Ethereum is not only demonstrating consistent recovery but is also regaining attention for its potential within the decentralized financial system. With the backing of institutional players, the strategic accumulation by large investors, and a clearer regulatory environment, the bullish momentum could still have room to grow.