Ethereum’s price traded between $2,300 and $2,400 in recent sessions, supported by surge in ETF inflows and increased activity from both institutional and retail investors. The move places ETH at its highest level since mid-March, with technical indicators suggesting buyers continue to dominate near the 100-day exponential moving average.
ETH price tests key levels as sentiment stays bullish
Throughout the week, Ethereum maintained a tight trading range, with price movements revolving around $2,350. Market observers tracked the $2,439 zone closely, with this level acting as a trigger for liquidations of short positions. Strong support has anchored near $2,300, where buyers have consistently entered the market.
In recent days, ETH posted a 6% daily increase, boosting confidence among short-term traders and stabilizing technical outlooks on several charts. Community sentiment data revealed that 89% of participants remain bullish, reflecting steady optimism after the rapid price movement.
Liquidity conditions continue to drive intraday shifts, as traders respond to momentum swings and key technical signals. As volume builds, major cryptocurrencies across the market have seen similar upswings. ETH’s ability to hold above its near-term support is now the focal point for traders awaiting the next move.
Schwab widens ETH access; Ethereum Foundation sees exits
Institutional interest in Ethereum received a notable boost as Schwab began offering spot ETH trading to retail clients. Schwab, a prominent US financial services firm, has established itself by providing brokerage and investment advisory services to millions of customers. The ETH launch gives more traditional investors easier access to cryptocurrency markets directly through their established accounts.
This wider availability on regulated trading platforms aligns with growing demand for trusted crypto market access, especially on the heels of rising ETF inflows that have driven much of the recent upside in ETH prices.
Meanwhile, the Ethereum Foundation, the core non-profit responsible for Ethereum’s ecosystem development, experienced staff changes with the departures of key researchers Joshua Stark and Trent Van Epps. Both played important roles in guiding research and growth within Ethereum’s technical teams.
Separate from these changes, security concerns surfaced after reports claimed that over 100 North Korean operatives had infiltrated Web3 companies. This incident has heightened scrutiny over verification and internal controls within decentralized finance and blockchain firms.
Despite these shifts, liquidity and institutional access remain robust. Ethereum continues to rank among the most actively traded cryptocurrencies, with a current market capitalization near $284 billion. Short-term market participants are closely watching price stability and the influence of ongoing institutional developments.
