Key Insights:
- Ethereum price prediction: A weekly close above $2,550 could strengthen the case for advance.
- Ethereum ETF inflows reached $1.185 billion across eight sessions.
- Heavier short liquidations signal mounting bullish pressure.
Ethereum traded at $2,519 after bouncing back from a dip toward $2,490 and successfully reclaiming the $2,500 threshold. Even so, the asset remained below its session peak of $2,558.47 at the time of writing. The most recent upward push lost momentum near the $2,525–$2,530 range. Clearing this immediate barrier could draw focus back toward $2,540 and the day’s high.
Alongside this intraday recovery, ETH as its native asset.">Ethereum posted gains of 10.6% over the trailing seven days and 34.3% over the past 30 days.
Ethereum Price Prediction Shows Possible Move to $3,000
Cryptocurrency analyst Ted suggests in his ETH as its native asset.">Ethereum price prediction that a rally toward $3,000 becomes increasingly likely if the weekly candle closes above $2,550. Because the weekly candle remains open, however, the breakout is not yet confirmed following ETH as its native asset.">Ethereum’s extension of last week’s robust rebound.
Ted’s weekly chart positions Ethereum just under the $2,547–$2,550 resistance zone, with the latest candle up by 2.98%. The analysis highlights $2,800 as a key intermediate hurdle, noting that clearing it would heavily reinforce the bullish outlook.
On the downside, immediate support is established at $2,500, followed closely by the $2,480–$2,490 band. A drop below this area could risk a slide toward $2,460 and subsequently the daily low of $2,439.43.
Looking at the weekly timeframe, any rejection at resistance could shift focus toward a dashed support level at $2,425. Further support levels are mapped near $2,190 and $1,965, with deeper backing found at $1,713.
Ethereum ETF Inflows Extend Eight-Session Run
Accompanying the market recovery, Ted highlighted that Ethereum exchange-traded funds pulled in $192.35 million in net inflows on August 26. Data tables show eight consecutive sessions of positive inflows, bringing in roughly $1.185 billion between August 17 and August 26.
The last three trading days alone account for $487.72 million of this stretch, demonstrating steady investor appetite for Ethereum via ETFs. This brings cumulative net inflows to $12.64 billion, while total net assets across these funds sit at $15.13 billion.
At the same time, daily trading volume dipped slightly to $951.08 million from the previous session’s $980.38 million, meaning net inflows grew even as overall turnover contracted.
Regarding the daily breakdown, Ted attributes $115.66 million of the inflow to BlackRock, making up about 60.1% of the total daily net figure. However, the provided screenshot does not detail individual fund figures, leaving BlackRock’s specific share unverified independently.
Separately, on-chain analytics from Lookonchain reveal that BlackRock’s crypto investment products accumulated both Bitcoin and Ethereum over an eight-day streak.
Reported purchases include 27,722 BTC valued at $2.2 billion and 385,633 ETH worth $961 million. Combined, these asset additions total approximately $3.16 billion across the funds tracked.
Such continuous inflows may help absorb selling pressure across both digital assets, though these purchases do not guarantee an immediate price surge.
Short Positions Lead Ethereum Liquidations
In step with these market flows, total Ethereum liquidations hit $149.49 million across both long and short positions during the 24-hour observation window. Shorts bore the brunt of the volatility, seeing $106.48 million wiped out compared to just $43.01 million in leveraged position when margin no longer covers losses.">liquidated long positions.
This imbalance points to heavy strain on traders betting against the asset, a pattern typical of a short squeeze. Nevertheless, liquidation statistics alone cannot guarantee that Ethereum’s latest recovery will turn into a long-lasting rally.
Shorter intervals show liquidations reaching $109.11 million over the past 12 hours and $12.54 million over the last four hours. In the final hour, liquidations slowed to $1.05 million, indicating that intense market pressure subsided after a heavier burst earlier in the day.
FAQ
- What price level does Ethereum need to clear for a rally to $3,000? Analysts point to a weekly close above $2,550 as the key confirmation level for a potential push toward $3,000.
- How much have Ethereum ETFs brought in recently? Ethereum ETFs recorded eight consecutive sessions of positive inflows, accumulating roughly $1.185 billion between August 17 and August 26.
- What caused the heavy liquidations in Ethereum? Short positions accounted for $106.48 million of the total $149.49 million in liquidations, highlighting severe pressure on traders betting on a price drop.
- What are the immediate support levels for Ethereum if it dips? Immediate support is found at $2,500, followed closely by the $2,480–$2,490 range.
