Ethereum News Today: Institutional Demand Drives Ethereum Strategic Reserve to $16.5 Billion

Ethereum is experiencing heightened market activity as institutional interest pushes its Strategic Reserve to 3.7 million ETH, equivalent to $16.5 billion, signaling a bullish trend for the asset. Analysts highlight that the increased supply being locked away—combined with rising demand—has fueled optimism among market observers. Merlijn The Trader noted that “supply is draining, and demand is rising,” underlining the growing institutional participation in Ethereum’s ecosystem [1].

Currently, Ethereum is trading at $4,252.06, slightly down 6.54% over the past 24 hours. Traders are closely monitoring the $4,200 support level, as a breakdown could lead the price toward $4,000, the next critical threshold. Ted Pillows, a crypto analyst, emphasized the importance of Ethereum maintaining its position above $4,200 to avoid further downward pressure [2].

If Ethereum holds steady above the $4,240–$4,190 support zone, it could gain momentum toward its next target of $4,571. Dariusz Kowalczyk highlighted that for Ethereum to continue its upward trajectory, it must break through resistance between $4,550 and $4,571. However, this development will largely depend on how global macroeconomic events unfold in the coming days [3].

Key events this week—particularly the Trump-Zelensky talks, FOMC minutes, U.S. jobless claims, and Federal Reserve Chair Powell’s speech—are expected to influence both crypto and broader financial markets. Dariusz Kowalczyk noted that these developments could “shake both Crypto & Macro” and significantly impact Ethereum’s price action [4].

As the cryptocurrency navigates these critical levels, traders remain cautious yet optimistic. The market’s reaction to upcoming geopolitical and monetary policy events will likely determine whether Ethereum moves toward a new all-time high or faces a potential correction.

Source:

[1] (https://coinmarketcap.com/community/articles/68a31230c5c06c674880b365/)