Ether has shown resilience, bouncing from a support level of $2,460 and stabilizing above $2,500, propelled by strong buying momentum and significant ETF inflows indicating institutional interest. The price peaked at $2,532 before settling around $2,510, with over $492 million in inflows reported for BlackRock’s ETHA ETF last week. This surge in trading volume during the recovery confirms the presence of buyers at key support levels, contributing to a formation of higher lows and overall bullish sentiment. As the market adapts to ongoing geopolitical developments, traders are closely monitoring whether ETH can overcome the $2,520–$2,530 resistance range. Overall, these dynamics reflect increasing confidence among institutional investors in Ethereum's market outlook, despite its sensitivity to external factors.

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