Ethereum, the second largest cryptocurrency in the world, made a strong return after dropping below $ 1,400 not long ago. Now he is back above $ 1,800, a three-week higher, and investors are starting to ask, what is behind this sudden push?
Let’s take a look at key reasons.
Ethereum rises as short bets drop
One of the main reasons why Ethereum has increased recently is that fewer traders are betting against this. Short positions on the CME fell to less than $ 500 million, the lowest in 2025.
Previously, traders have made money with a large gap between Ethereum’s term contracts and its current price. But when Trump’s prices were waste and the market has dropped, this gap has become smaller, which makes trade less profitable. This led merchants to sell their Ethereum, which caused a drop in prices.
Now, with fewer traders betting against this and less sales pressure, the price of Ethereum begins to recover.
ETF ETF sees the influx after 8 days
Another major boost came from institutional investors. After more than a week of outings, ETFE ETHEREUM finally experienced positive entries of $ 38.8 million. The largest contribution came from Fidelity Feth with $ 32.7 million, and Bitwise Ethw added $ 6.1 million.
This strong entry shows growing interests on the part of investors, which could mean more price growth.
The Bitcoin rally also raises Ethereum
Let us not forget the influence of Bitcoin. BTC has just received more than seven weeks of $ 94,000, which naturally sent a vague of positive energy on the entire cryptography market. While Bitcoin opens the way, Ethereum, the largest Altcoin, also benefits from this wave.
Ethereum faces little resistance to come
According to data on the intotheblock chain, Ethereum does not have too many solid price barriers to come. The largest possible sales area is around $ 1,860. This means that some people may start selling at this level, which could slow down the rise of Ethereum.
But here is the good news, if Ethereum takes this level of $ 1,860, it might not prevent it a lot from going even higher. And that’s when the big target appears, $ 2,000.
However, if Ethereum cannot stay above $ 1,800, the price could drop again. The first level of support is about $ 1,765, and a stronger is nearly $ 1,710.
