Ethereum covers 4% in massive quantities as institutional interests grow

Ethereum

has presented a wonderful recovery in the past 24 hours, climbing 3.8% amid significant volatility in the market. The second largest cryptocurrency found solid support for $ 2,530, where the rare trading volume (242,521 ETH) created a clear underwear pattern.

This was followed by a decisive breakout during the first hours of trading, supported by the massive volume of surge that exceeds 550,000 ETHs that have pushed prices than resistance levels.

The recent price action proves a short -term return, with the ETH now trade above $ 2,575 after the new local highs have been promoted. Institutional interest remains stable, with Ethereum ETF spots that recording $ 248 million in the total net flow last week, suggesting growing confidence from larger investors despite somewhat occupied retail participation.

Market analysts point to the $ 2,800 level as a critical resistance zone where many investors previously bought at that level may look to exit the break-even. However, with the release of the ETH from its recent integration pattern and the broader crypto market showing the signs of strength, the bulls are now targeting the $ 2,650- $ 2,745 range as the next significant obstruction.

Technical analysis

• A clear decrease pattern formed during the 1pm hours with a high volume (242,521 ETH), which established strong volume support.
• A decisive breakout occurred during 06: 00-07: 00 hours with massive surge volume (553,348 ETH and 221,502 ETH respectively).
• Price action showed three unique phases: initial integration (07: 04-07: 29), strong breakout (07: 30-07: 32) with a high volume of spikes exceeding 7,000 ETH per minute, and prolonged utorso.
• The $ 2,600 level is now established as a new support zone with momentum indicators that suggest potential for further upside down to $ 2,650.
• High volume support at $ 2,530 serves as a critical floor for any retraction.

This technical review is conducted in accordance with the CoinDesk’s research model S studying CoinDesk data

Depression: The parts of this article are formed with the help from the AI ​​tools and our editorial group reviewed to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s entire AI policy.

External reference

• Bitcoin systems, Ethereum (eth) continues bullish momentum – what’s next? Here are the detailsPublished May 26, 2025.
• Cryptopotato, Interesting -friendly Ethereum price (ETH) price predictionsPublished May 26, 2025.
• Cryptopotato, The silent rally of Ethereum (ETH) – where are the retail investors?Published May 26, 2025.
• Newsbtc, Ethereum above $ 2,500 – Here’s why analysts are thinking of $ 3,000 can followPublished May 27, 2025.
• COINDITION, Ethereum price prediction for May 28Published May 27, 2025.