Ethereum Faces Resistance Near $2,500 Amid BlackRock ETF Inflows and Strong DeFi Valuation Metrics

Key Points

1. Ethereum struggles to surpass the $2,516.7 resistance level, with current trading around $2,427, confined within a range between $2,196.9 support and $2,516.7 resistance.

2. Ethereum's market capitalization consistently exceeds its Total Value Locked (TVL), reflecting investor confidence and the network's strength in the DeFi ecosystem.

3. BlackRock's $40.7 million inflow into Ethereum spot ETFs highlights growing institutional confidence, contributing to a bullish structural setup and potential market stability.

4. Ethereum's price consolidation near $2,500, combined with its market cap premium and ETF inflows, underscores its capital efficiency and long-term demand potential.

5. Key support near $2,100–$2,200 has historically acted as a reliable floor during volatility, reinforcing Ethereum's price stability.