Ethereum is holding firm above the $2,500 level despite recent market fluctuations. At the time of writing, ETH trades at $2,564, reflecting a 2.4% increase in the last 24 hours. After reaching a high above $2,700 last week, the asset has slightly pulled back. Still, it continues to show resilience as Bitcoin’s sharp rally keeps the broader crypto market in bullish territory.
This steady performance has renewed interest in Ethereum price prediction, as traders and analysts assess whether the current momentum can carry ETH higher.
Retail Traders Stay Quiet, Institutions Step In
Despite the price holding above key support, Ethereum has not yet captured the same enthusiasm seen across the broader market. According to CryptoQuant analyst Burak Kesmeci, retail activity remains low compared to previous bull runs. During the 2021 rally, Ethereum price surges were usually backed by a spike in retail trading. That pattern hasn’t emerged this cycle.
Key takeaways:
Retail participation has remained subdued, even as Bitcoin surged from $16,000 to over $111,000.
Low retail enthusiasm may signal that Ethereum’s rally is still in its early stages.
Institutional investors, on the other hand, continue to show interest. US spot Ether ETFs recorded $248.31 million in net inflows last week — marking the second straight week of positive flows. Meanwhile, Ethereum exchange netflows have turned negative over the past 48 hours, a sign that investors are moving assets off exchanges into private wallets, often seen as a bullish indicator.
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Shorts Pressure ETH Despite Accumulation
Bearish sentiment still lingers in the derivatives market:
The Taker Buy Sell Ratio remains below 1, signaling dominant short positions.
Binance data shows an increase in ETH short trades since its May rally.
For now, Ethereum appears to be consolidating, with long-term accumulation underway and potential upside if retail momentum returns.
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