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Ethereum rallies 5% past $2,100 amid strong ETF inflows and positive technical signals.

Technical Signals
07 Apr 2026
Blockonomi
View Source
Bullish
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Ethereum surged over 5% to reclaim the $2,100 level, supported by solid $2,000 support and a spike in daily trading volume to $16 billion. The rally was partly triggered by geopolitical easing and saw $120 million flow into Ethereum spot ETFs, led by BlackRock’s ETHA. Technical indicators like the weekly MACD and RSI suggest potential for further upward momentum, with resistance near $2,150 and possible targets up to $2,800 or beyond if key support holds. Market sentiment is improving, signaling growing investor confidence in Ethereum's near-term prospects.

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