Ethereum Surges 10% to $3,000 as Institutional Inflows Hit Record Highs

Ethereum (ETH) has solidified its status as Wall Street’s preferred altcoin, experiencing nine consecutive weeks of positive spot ETF inflows and reclaiming ground against Bitcoin (BTC). This surge has pushed ETH above a critical technical barrier at $2,800, suggesting further upside if bulls can maintain this support level in the coming days.

Recent developments indicate that Ethereum is no longer viewed solely as a “tech stock alternative” but as the digital foundation for decentralized finance (DeFi) and staking dividends. This shift has attracted both institutional capital and retail flows, bolstering Ethereum’s position in the market. The rebound of the ETH/BTC pair underscores this trend, showing that Ethereum is gaining traction relative to Bitcoin.

Ethereum’s next significant test is reaching the psychological $3,000 level. Market observers are optimistic, and if Bitcoin’s rally continues, ETH could chase liquidity magnets stacked above $3,000, according to liquidation heatmap data.

Technical signals reveal that Ethereum’s bullish break above a weekly bearish order block near $2,800 has now established this level as crucial support. Analysts caution swing traders to monitor for a potential short-term dip back to this zone before the next upward movement. The 12-hour chart supports this scenario, indicating a possible pullback as the Relative Strength Index (RSI) sits at a robust 77, signaling high momentum but also a risk of bearish divergence in the near term. Meanwhile, the Chaikin Money Flow (CMF) at +0.23 confirms heavy capital inflow, suggesting any dip could be brief as buyers reload.

Traders are focusing on dense liquidity clusters above $3,000, with some targets extending to $3,200 if bulls maintain momentum. The thin liquidity band around $2,880 could act as a temporary magnet for profit-taking before buyers regain control.

As Bitcoin’s macro trend remains bullish, ETH is poised to follow, with analysts advising traders to prepare for both scenarios: a clean retest of $2,800 or an uninterrupted run toward $3,200. The next few days will be pivotal for Ethereum’s short-term price action as the altcoin solidifies its role as Wall Street’s DeFi powerhouse.

Ethereum has been experiencing a significant surge in institutional interest, with Ethereum ETFs attracting record inflows. This influx of capital has been a driving force behind Ethereum's price, pushing it towards the $3,000 mark. The robust demand from institutional investors, including corporate treasuries allocating billions to ETH, has further fueled this upward momentum. The security and stability offered by Ethereum, along with its technological advancements, have made it an attractive option for institutional investors.

The growing investor sentiment towards Ethereum is evident in the crypto inflows reaching significant levels. Staking upgrades and ETF inflows have supported the bullish momentum, making Ethereum a favored choice among investors. The launch of BlackRock's iShares Ethereum ETF (ETHA) with $761 million weekly inflows has added to the positive sentiment, with the ETH price eyeing a breakout above $3,000. This institutional backing has provided a strong foundation for Ethereum's price growth, as it continues to attract more investors and capital.

The recent surge in Ethereum's price has been driven by a combination of factors, including the record inflows into Ethereum ETFs and the growing institutional demand. The price of Ethereum surpassed the $3,000 mark for the first time since February, indicating a strong bullish trend. The ETH/BTC pair closed higher for the third consecutive day, recovering to key levels and further solidifying Ethereum's position as a leading cryptocurrency. The record inflow day of $300 million into BlackRock's Ethereum ETF has also contributed to the price surge, with investors rushing into the historic PUMP pre-sale while whales quietly prepare for further price movements.