The Ether Fever was kept above $2500 on August 27th, continuing the high-level arrangement after last week's breakthrough. Among the factors driving the current round up were the strong inflow of United States real-time ETF funds, the expected improvement in liquidity as a result of the United States Treasury ' s expansion of long-term bond buy-backs, and the large-scale emptiness of derivatives markets.

ETF financial flows support spot prices

As at the time of the submission, the ETH report was approximately US$ 2507, an increase of approximately 7.8 per cent over the opening price of US$ 2326 on 21 August, which at one time rose to around US$ 2566. Prior to this, ETH stunned for a long time between 1875 and 1950 dollars, then broke up and stood at the integer level of $2500.

The United States-based ETF recorded about $697.2 million in net inflows in the week ending August 21, the strongest single-week performance since 2026. During the same period, the United States-listed bitcoin combined with the ETA Fund attracted about $2.6 billion in inflows. Funding continues to go into spot products, providing ETH with a more stable buyout support after rapid lifting.

Macro liquidity resonance with empty headback

The starting point for the current round was following the announcement by the United States Department of the Treasury of an expanded long-term liquidity support-based national debt buy-back. Under the arrangement, the single operating cap would be raised from $2 billion to $4 billion from 9 September, covering United States Treasury bonds of 10 to 20 years and 20 to 30 years.

The market generally sees this adjustment as more favourable to liquid-sensitive assets. At the same time, there was a massive run-off in the derivatives market. Within 24 hours, the encryption market was about $3 billion in leverage slots, of which about 92 per cent was for empty slots. ETH rose by about 18 per cent during the process and was forced to flatten the increase further.

A short-line focus around $2550.

In terms of short-line structures, around $2550 is becoming the first pressure area of market interest. CoinGlass' three-day liquidation hottest attempt to show that between $2545 and $2555 brought together more leverage positions. If prices continue to rise, this area may be tested first.

If the amount of US$ 2550 is effectively exceeded and the liquidity between US$ 2575 and US$ 2600 above is relatively thin, the price may move faster towards US$ 2656. If kinetic energy continues to expand, the market will also focus on the location of $2812 and nearly $3000.

However, the downside risks also exist. The data show that there is also a larger clearing concentration area near $2410 to $2420, with support closer to $2477 and $2441. If these positions are missed, ETH may be withdrawn to a lower mobile area.

Analysts are now more concerned about whether closing this week will hold on to $2550. If the weekly line is fixed, it means that the spot purchaser will still be able to reconnect after the empty patch; if it falls again below $2441, it means that the round may go further.