Ethereum price rally overheats below $2,550 resistance

Ethereum price traded near $2,478 on Aug. 25 after gaining roughly 30% over seven days, but an overbought daily reading and concentrated liquidity around $2,500–$2,550 could decide whether the rally extends toward $3,000 or enters a deeper pullback. Summary Ethereum price rose from about $1,916 on Aug. 19 to a seven-month high above $2,500. US spot Ethereum ETFs attracted $697.2 million during their strongest inflow week of 2026. The daily RSI reached 79.12, placing ETH firmly within overbought territory. A weekly close above $2,550 could open the way toward $2,700 and $3,000. Ethereum price holds most of its 30% weekly gain According to data from crypto.news, Ethereum (ETH) price was trading at approximately $2,478 at the time of writing, having eased from an intraday high of $2,532. The asset remains roughly 29% above its Aug. 19 opening price of $1,916. The rally carried ETH through $2,000, $2,200, and $2,400 in less than a week, reversing a long period of subdued price action. Ethereum had largely traded between $1,800 and $1,950 during the first half of August before the breakout began. The initial move coincided with an unusually large derivatives reset. CoinGlass data showed...