Ethereum Price Reclaims $2,000 as ETF Inflows Spark Rally – Can ETH Hit $2,500 Next?

Ethereum price has rebounded above the critical $2,000 level after surging nearly 10% in the last 24 hours, signaling renewed bullish momentum across the cryptocurrency market. The sharp recovery follows a brief downturn that pressured major digital assets, including Bitcoin, Solana, and XRP. As market sentiment improved, the total crypto market capitalization climbed 5% to $2.35 trillion, reflecting stronger buying activity.

The latest Ethereum price rally coincides with steady inflows into spot exchange-traded funds (ETFs), boosting institutional confidence. According to SoSoValue data, Bitcoin spot ETFs recorded a total net inflow of $258 million on February 24, with Fidelity’s FBTC contributing more than $82 million. Meanwhile, Ether ETFs attracted over $9 million in new investments, while Grayscale’s ETH product led with inflows exceeding $11 million. These capital inflows suggest that institutional investors are regaining interest in digital assets.

Bitcoin price also gained momentum, climbing past $68,000 after briefly hovering near $67,000. Further strengthening market confidence, the Ethereum Foundation announced plans to stake 70,000 ETH from its treasury, beginning with an initial deposit. This move signals a more active treasury management strategy and reinforces long-term commitment to the Ethereum network.

From a technical perspective, ETH climbed to $2,068, with bullish indicators supporting further upside. The MACD line crossed above the signal line, and expanding green histogram bars indicate accelerating bullish momentum. The Chaikin Money Flow has also turned positive, reflecting increasing capital inflows.

Ethereum now faces resistance at $2,200, $2,300, and $2,500. If buying pressure continues, a breakout toward $2,500 remains possible. Key support lies at $1,950, followed by $1,900 and $1,800. A drop below these levels could signal a shift in trend, but for now, Ethereum’s recovery suggests growing strength in the broader crypto market.