The rise momentum in Ethereum (ETH) continues, what's next? Here are the details.

Ethereum (ETH) has turned its direction upwards again from the level of 2.477 dollars and has risen above the level of 2560 dollars according to Binance TR data. With strong inflows into Spot Ethereum ETFs and a sharp increase in volume, the price is preparing to test key resistance zones.

Ethereum Rallies, Gaining Strength from the Support at $2,477

As crypto markets search for direction amid global economic tensions and ongoing trade disputes, Ethereum, the second-largest by market capitalization, is drawing attention with its demonstrated resilience.

According to technical analyses, ETH is currently passing through a critical technical zone in the range of 2,500-2,600 dollars, and breaking through this zone will be decisive for the continuation of the upward trend.

Spot Ethereum ETFs have demonstrated institutional investors' confidence in ETH with consecutive positive net inflows. Despite increasing volatility, these inflows indicate that bullish expectations are solidly grounded.

What Do the Technical Data Say?

• In the last 24 hours, the ETH price moved within a broad range of $(99.85, a change of 3.5%.
• With the sharp sell-off that occurred around midnight, ETH fell to $2,477.40, establishing strong support at this level.
• The extraordinary trading volume recorded during this decline was )291.395 ETH, highlighting the importance of the support level at approximately 3 times the average (.
• High volume purchases were observed in the range of 2.467-2.480 dollars; this confirmed that buyers have entered the market.
• ETH has recovered to the level of 2,515 dollars, indicating that the bottom of the correction may have been seen.
• The hourly price range was 14.46 points )2,508.02 – 2,522.480192837374656574839201, which reveals that the search for direction in the market continues.