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Ethereum rallies over 30%, nears $2,500 resistance amid strong ETF inflows and bullish signals

Market News
26 Aug 2026
Blockonomi
View Source
Bullish
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Ethereum's price surged more than 30% since mid-August, approaching the key $2,500 resistance level. Large investors like Bitmine and Tom Lee accumulated 34,000 ETH, while spot Ethereum ETFs saw $1.06 billion inflows in August, the highest in a year. Technical indicators including a golden cross and rising funding rates suggest strong bullish momentum, with potential targets between $2,800 and $3,400 if resistance is broken. However, a failure to hold these levels could lead to a pullback toward $1,900 or $1,500.

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