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Ethereum rebounds toward $2,500 despite $405M ETF outflows, eyes breakout above $2,550 resistance.

Technical Signals
18 Sep 2026, 16:13 WIB
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Bullish
Ethereum rebounds toward $2,500 despite $405M ETF outflows, eyes breakout above $2,550 resistance.

Ethereum (ETH) has recovered to nearly $2,500 after dropping to around $2,370 this week, showing resilience despite Federal Reserve rate hikes and ongoing crypto market volatility. However, institutional investors are pulling money out of U.S. spot Ethereum ETFs, with about $405 million in net outflows recorded over three days. The key technical level to watch is $2,550; a clear break above this could lead to a rally toward $2,800 and possibly higher targets near $3,000 or $3,300 if momentum builds. The unusual situation of ETF outflows amid price recovery suggests strong spot-market demand absorbing selling pressure, making the $2,550 resistance a critical point for Ethereum's short-term trend.

Ethereum's price on Pluang stands at Rp44.434.273 as of Sep 18, 2026 20:23 WIB, showing a 1.85% increase in the last day. This contrasts with the ETF outflows noted in the article, highlighting strong spot-market demand as reflected by a 63% buy order activity on Pluang. The current price level is well within Ethereum's typical trading range, supported by a substantial market cap of Rp5.454,73 trillion and a 24-hour volume of Rp252,89 trillion, indicating active investor interest despite recent volatility.

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