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Ethereum Holds $2,800 Floor After Reported $92.6 Million BlackRock Buy

Momentum remains weak with resistance near $3,000–$3,100 in focus.

Overview

  • ETH traded around $2,895 and sat in a short‑term support band at $2,800–$2,880, according to CoinGecko data.
  • Blockonomi reported that BlackRock recorded a $92.61 million Ethereum inflow, its first in two weeks.
  • BitMine Immersion Technologies added about 69,822 ETH and now holds roughly 3.6 million ETH, with Bitcoinist noting a large unrealized loss at current prices.
  • Oscillators and trend gauges signaled caution, with RSI near 36, MACD negative, and major moving averages positioned above spot price.
  • Traders flagged $3,000–$3,100 as the ceiling to clear for imbalance targets near $3,3k–$4,1k, while a loss of $2,800 could expose $2,690 and potentially the $2,300 area.