Ethereum Holds $2,500 Support for 5th Week, Here’s

• Ethereum holds $2,500 support for 5 weeks, a key level tied to past rallies toward $4,000.
• ETH ETFs saw $530M in weekly inflows, led by BlackRock, reflecting growing institutional interest.
• Open Interest dropped $4B after a brief rally above $2,800, resetting market sentiment to neutral.

Ethereum is currently trading at $2,534.82. Despite recent market volatility, the cryptocurrency continues to maintain the $2,500 level as a key support. This range has historically served as a base for Ethereum’s previous rallies toward $4,000. Ethereum has now held above this level for over five consecutive weeks, showing strong resilience.