Ethereum ($ETH ) 2292-2380 can be more directly, and the target should focus on 2490-2550. Despite the overall market uncertainty, the Ethereum ETF quickly rebounded after falling sharply at the beginning of the week, turning weekly trading volume into positive territory. Tuesday’s price recovery shows the formation of a bullish trend, with many traders looking for it to break above the $3,000 mark.

The ETH ETF, which has underperformed since its launch in July, has recently regained momentum. On Monday, net inflows reached $49 million, a significant improvement from Friday’s $54.3 million. The continuation of this positive flow helps boost investor confidence, increase demand for ETH, and support the upward price trend.

Ethereum’s price action is worth watching after the price broke above $2,500. After successfully holding the support level of $2,100, traders began buying heavily, pushing the ETH price to rebound. This is also confirmed by the change in the Money Flow Index (MFI) from oversold to neutral territory. A daily close above $2,500 is currently needed to validate the bullish trend, with targets at $3,000 and beyond.

Notably, IntoTheBlock’s IOMAP model shows strong support between $2,292 and $2,368, with approximately 1.7 million addresses purchasing nearly 50 million ETH in this range. These holders are unlikely to trade in the short term. Sell ​​within, betting on a long-term rebound.