Ethereum price holds $2,500 as bulls target $3,000 next

Ethereum price held above $2,500 on Aug. 27 after strong US spot ETF inflows, improving global liquidity conditions, and a historic short squeeze supported its weekly breakout. Summary Ethereum price gained about 7.8% from its Aug. 21 opening price to trade near $2,507. US spot Ethereum ETFs attracted $697.2 million during their strongest inflow week of 2026. The daily chart places ETH at the critical $2,500 resistance level, with $2,656 as the next upside target. Liquidation data show concentrated leverage around $2,550 above price and $2,415 below it. Ethereum price holds its weekly breakout According to data from crypto.news, Ethereum (ETH) price traded near $2,507 at the time of writing, up about 7.8% from its Aug. 21 opening price of $2,326. The token briefly reached a weekly high near $2,566 before settling into a narrow range around the psychological $2,500 level. The move followed a sharp breakout from the $1,875–$1,950 range that had contained ETH for much of August. Buyers pushed the price above its February-to-May resistance area and have so far prevented a deeper return to the former range. Ethereum’s daily chart shows the price trading almost exactly at the $2,500 Murr...