Ethereum's price increased by 3% on February 13, 2025, reaching over $2,600, largely due to the CBOE BZX exchange's application to incorporate staking in the 21Shares Ether ETF. This development is seen as a pivotal step in mainstream adoption, potentially attracting significant institutional investment. The surge was also fueled by the liquidation of overleveraged short positions in the ETH futures market, with $37 million in short liquidations compared to $29 million in long liquidations. Analysts believe the oversold conditions of Ether may lead to a recovery above $3,000, supported by historical trends where similar RSI levels preceded substantial price rallies. If Ether stabilizes above $3,000, there is potential for further gains toward $4,100.

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