BREAKING
202d 5h ago

Ethereum Surge Fueled by ETFs and Corporate Investments Amid Supply-Demand Imbalance

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

Ethereum’s recent upward momentum is primarily fueled by increased institutional interest, notably through the adoption of Ethereum-based ETFs and significant inflows from corporate investment funds. This trend underscores a growing confidence in Ethereum’s long-term value proposition within the financial sector. Market dynamics reveal that the supply-demand imbalance is a critical factor, as limited token availability coupled with heightened demand exerts upward pressure on prices. Investors are closely monitoring these developments, recognizing that the convergence of institutional capital and constrained supply could shape Ethereum’s market trajectory in the near term.

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