Ether is demonstrating renewed strength after bouncing from a crucial support zone near $2,584.
The cryptocurrency recovered quickly from its recent dip, stabilizing above $2,620 as it absorbs broader macroeconomic pressures tied to ongoing US-China trade tensions and policy uncertainty.
Despite these external headwinds, technical indicators remain constructive, and institutional demand continues to build.
Weekly spot ETH ETF inflows have reached new 2025 highs, pointing to growing long-term conviction.
The price structure has held firmly above key moving averages, with a sequence of higher lows in place since April, reinforcing market confidence.
Analysts note that ether may be nearing a breakout should it decisively clear resistance at $2,650–$2,700.
Technical Analysis Highlights