{
  "type": "article",
  "title": "Ethereum Rally Slows Near 2500 Dollars As Profit Taking And Lagging Network Activity Weigh",
  "summary": "Ethereum price momentum cooled near the 2,500 dollar mark due to profit-taking following its move above the realized price, while spot ETFs extended their net-inflow streak.",
  "content": "Ethereum's recent upward price momentum faced a slowdown near the 2,500 dollar mark as profit-taking emerged following its move above investors' realized price of 2,306 dollar. This shift occurred as holders who were previously sitting on unrealized losses decided to lock in modest gains. Such behaviour aligns with earlier indications of increased exchange inflows after the cryptocurrency managed to recover above this trading range.\n\n \n\nOnchain Metrics Reflect Profit-Taking\n Onchain profitability metrics further reinforce the presence of profit-taking across the network. Ethereum's Spent Output Profit Ratio has remained above the 1.0 threshold over the past week, indicating that a significant portion of tokens moved onchain during this period were realized at a profit. At the same time, institutional interest via exchange-traded funds has shown remarkable resilience.\n\n Data indicates that US spot Ethereum exchange-traded funds pulled in 234.51 million dollar on Thursday, successfully extending their net-inflow streak to nine consecutive trading sessions. This sustained buying pressure lifted the weekly inflow total to 722.24 million dollar, marking the strongest weekly performance for these institutional products in roughly ten months and echoing market momentum last observed in October.\n\n \n\nSubdued Network Usage And Liquidations\n Despite the positive price action, underlying network activity has remained relatively subdued. Both transaction counts and active wallet addresses have declined over the past week, suggesting that broader network utilization has not yet caught up with the upward price movement. The absence of substantial new leveraged demand could also restrict Ethereum's capacity to extend its rally in the immediate future.\n\n For the bullish trend to persist, open interest will need to recover in tandem with a clearer rebound in transaction metrics and active addresses. Market data shows that Ethereum recorded 97.3 million dollar in total liquidations over a 24-hour window, led by 75.8 million dollar in long liquidations.\n\nLive market figures place Ethereum at 2,438 dollar, down 2.89 percent from its previous close of 2,510 dollar, with a 52-week trading range spanning 1,507 dollar to 3,398 dollar and trading volume running at 1.11 times the 20-day average.\n\n \n\nTechnical Outlook And Moving Averages\n On the daily price chart, Ethereum maintains a bullish near-term bias as it trades above its primary Exponential Moving Averages. The 20-day EMA at 2,243 dollar, along with the 50-day EMA at 2,058 dollar and the 200-day EMA at 2,227 dollar, provides a solid structural foundation below current price levels. Technical momentum remains firm, with the 14-day Relative Strength Index printing at 70 to reflect overbought conditions, while the MACD indicator shows a bullish reading of 164.99 against its signal line.\n\n On the downside, immediate support rests near the horizontal pivot at 2,431 dollar, followed by the 20-day EMA and prior structural floors. Deeper market corrections would expose the broader support band defined by long-term moving averages between 2,021 dollar and 2,156 dollar, with historical swing bases situated further down at 1,809 dollar, 1,701 dollar, and 1,507 dollar. On the topside, initial resistance is positioned near the horizontal cap at 2,680 dollar, ahead of a more formidable barrier at 2,879 dollar.\n\n \n\nBroader Crypto Market Performance\n Other major digital assets experienced mixed trading conditions. Ripple extended its lock-step trading pattern for a third consecutive session, with support at 1.40 dollar coming under severe pressure following its earlier 72 percent rally from 1.00 dollar. Bitcoin retreated below the 80,000 dollar threshold after failing to break resistance between 81,000 dollar and 82,000 dollar, dragging major altcoins into a cooling phase.\n\n Meanwhile, Hyperliquid dipped 2 percent after hitting a record high of 86.75 dollar a day prior, even as Nasdaq-listed Hyperliquid Strategies raised nearly 650 million dollar in an equity transaction to expand its token holdings to 29.3 million units.\n\nWhat this means for you\nThe recent slowdown in Ethereum's rally and active profit-taking carry direct implications for cryptocurrency investors and active market participants navigating current volatility.\n\n• For Crypto Investors: Increased profit-taking around the 2,500 dollar threshold signals potential short-term consolidation, requiring careful monitoring of key support levels near 2,431 dollar.\n\n• For Institutional Participants: Sustained net-inflows into spot ETFs indicate that underlying institutional demand remains robust despite the broader price cooling trend.\n\n• For Active Traders: Substantial liquidation volumes exceeding 97 million dollar highlight the heightened risk associated with high-leverage trading strategies in the current market environment.\n\n• Market Indicators: Elevated RSI readings near overbought territory suggest traders should anticipate possible near-term price corrections or sideways movement.\n\nQuestions & Answers\n\n1. At what price level did Ethereum's rally slow down?\nEthereum's rally slowed down near the 2,500 dollar mark.\n\n2. How much did US spot Ethereum ETFs attract on Thursday?\nUS spot Ethereum ETFs attracted 234.51 million dollar on Thursday.\n\n3. What is Ethereum's immediate support level?\nEthereum's immediate support is seen near the horizontal pivot at 2,431 dollar.\n\n4. How many liquidations were recorded over the past 24 hours?\nEthereum recorded 97.3 million dollar in liquidations over the past 24 hours.\n\n5. What is the reading of Ethereum's 14-day RSI?\nThe 14-day RSI is hovering just under the overbought threshold at 70.",
  "url": "https://trendkia.com/en/crypto/ethereum-rally-slows-near-2500-dollars-as-profit-taking-and-lagging-network-activity-weigh-23992",
  "category": "Crypto",
  "publishedAt": "2026-08-29",
  "tags": [
    "Ethereum",
    "Cryptocurrency",
    "ETF",
    "Blockchain",
    "Bitcoin",
    "Market Trend",
    "finance"
  ],
  "language": "en",
  "site": "TrendKia"
}