Ethereum rallies to $2,506 as ETF inflows support bullish outlook
Ethereum (ETH)
Editor:
Eugene Serbin
Bitcoinethereumnews.com reports that Ethereum has climbed 27% over the past seven days, breaking above the $2,000 level and triggering substantial short liquidations. The rally is supported by improving regulatory expectations in the United States, where the Securities and Exchange Commission proposed a framework to give projects more flexibility in raising capital. Additionally, the Treasury Department announced plans to double bond buybacks starting in September, potentially injecting billions of dollars in liquidity into risk-sensitive assets.
Institutional demand surged as investors poured more than $1.2 billion into Ethereum-linked exchange-traded funds during August, marking the strongest monthly inflow since August 2025. Crypto market sentiment shifted sharply, with the Fear and Greed Index rising from below 40 to 80, its highest reading since December 2024. On-chain data shows the gap between seven-day and 30-day trading-volume moving averages has narrowed, though a crossover confirming bullish momentum has not yet occurred.
The upcoming Glamsterdam upgrade is viewed as a potential catalyst, similar to the April 2025 Pectra upgrade, which coincided with improving market momentum. The weekly outlook has shifted from bearish to bullish, with a medium-term target of $2,800 established. A confirmed break above $2,200 is seen as a buy signal, with historical patterns suggesting consolidation between $2,200 and $2,800.
However, the weekly Relative Strength Index has reached 88, indicating overbought conditions and a possibility of a near-term pullback. If Ethereum holds above $2,200 and clears $2,800, historical patterns suggest a longer-term target near $5,400.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 27 August 2026. Not the outlet's figures.
Whalio data shows Ethereum trading at $2,506.78, with a 24-hour buy ratio of 51.2% and a positive volume delta of $14,758,006. This indicates that over the last day, buying pressure has slightly outweighed selling pressure, contributing to a net positive volume delta. In contrast, the 1-hour buy ratio dropped to 40.8% with a negative volume delta of -$6,911,834, suggesting immediate short-term selling pressure is emerging. The 4-hour buy ratio sits at 50.3% with a positive delta of $1,091,691, showing that buying interest remains balanced over a slightly longer timeframe. The buy ratio represents the proportion of trades executed as buys versus sells, while the volume delta measures the net difference between buy and sell volume. The recent 1-hour data suggests a temporary fade in buying momentum compared to the broader 24-hour trend.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Twenty-four hours later
What ETH did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.4%, compared to the current 24-hour ratio of 51.2%, indicating a slight decrease in buying dominance. Weekly volume was 0.48x the average, showing that trading activity has been notably lower than usual for this period. Net buying occurred on 6 of the last 7 days, with a total volume delta of $343,346,378 over 8 days. This suggests that while buying has been consistent, the intensity has dropped significantly compared to typical weekly averages. The current day is less active than average, as evidenced by the volume ratio of 0.48x versus the historical mean.