Ethereum don pass $2,600, showing strong gains plus steady institutional inflows
Ethereum (ETH) don show strong bullish momentum as e pass $2,600 level with one daily gain close to 3% according to OKX data, e dey trade now for $2,609.60. Dis recent price increase follow one previous time wey ETH test resistance near $2,540 and gather plenty institutional inflows. CoinShares talk say weekly spot ETF inflows reach $295 million into Ethereum—the highest among the digital assets wey dem dey track—push assets under management reach $14.09 billion as of June 7. E good to note say ETH get 15 straight days of net inflows into spot ETFs, wey mean say investors still get strong confidence. Technical analysis show higher lows, bullish flag pattern, golden cross between key moving averages, plus more trading volume when breakout happen. DeFi engagement, staking activity, plus institutional participation dey grow to support Ethereum’s good outlook. The recent climb above $2,600 show say demand don rise again and e mean say volatility go continue, so crypto traders need to watch ETH well for these important price levels to find new opportunities and manage risk well.
Bullish
Ethereum don rise pass $2,600, with almost 3% gain per day plus strong money from big people dem dey enter spot ETFs, e mean say people gats believe say price go rise. For 15 days straight, plenty money dey enter the market, trading volumes high and positive technical signs like higher lows, bullish flags, and golden crosses dey make traders confident. More DeFi and staking activity dey give better support for short and medium term price increase. All these tins together fit make both big institution people and small traders come enter market, make price pressure go up and make more trade dey happen for ETH. But as price fit still move up and down for key resistance levels, traders suppose dey careful. Overall, the news show say Ethereum get better future price talk.