Ethereum is approaching a critical technical juncture as analysts and institutional investors take sharply different—but converging—views on its mid- and long-term trajectory.
According to analyst Michaël van de Poppe, the $2,600 level is a key resistance zone that ETH must reclaim. He cautions that a retest of recent lows is possible before a reversal, especially with weekend volatility historically leading to erratic price action.
Despite short-term uncertainty, institutional confidence in Ethereum remains robust. Ash Crypto notes that BlackRock and other ETF issuers have accumulated $240 million worth of ETH, anticipating not just continued strength in the spot market but potential regulatory approval of Ethereum staking ETFs.
Such a development would unlock major passive income opportunities through staking, adding a yield-bearing layer to traditional ETF exposure.
This aligns with Ethereum’s broader value proposition: hosting real-world assets (RWA), benefiting from a deflationary supply model, and being home to the largest technology stack in crypto.
While traders navigate local resistance zones, long-term investors are positioning for Ethereum to hit $10,000 by capitalizing early on staking ETF potential—signaling a strong divergence between short-term volatility and long-term conviction.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereum-faces-2600-test-as-institutions-bet-big-on-staking-etf-potential/