Ethereum's price has shown resilience, recently peaking at $1,860, yet it must maintain support above $1,800 to facilitate a climb towards $2,000. Analysts emphasize the need for a 4-hour close above this resistance. A notable surge in institutional activity has been reflected in Ethereum ETFs, which saw net inflows of $64.1 million, suggesting renewed demand from traditional finance. Additionally, Ethereum's total value locked (TVL) stands at over $51.8 billion, marking a significant increase in network engagement. This growth includes notable contributions from platforms like Aave and Lido. Furthermore, observed trading patterns suggest a bullish trajectory, with targets indicating a potential rise to $2,100 based on bullish flag patterns in the price chart. The relative strength index remains above neutral, implying continued upward momentum. With increasing institutional buying and robust DeFi activity, Ethereum appears poised for growth despite recent rejections at key resistance levels.

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