ETH Rises 1.28% to $2,538 with $295 Million Weekly Inflows

Ether (ETH) increased by 1.28% over the last 24 hours, reaching $2,538.25. CoinShares reported ETH attracted $295 million in weekly inflows, leading all digital assets. Month-to-date inflows total $296 million, raising Ethereum's total assets under management to $14.09 billion.

Technical analysis indicates:

ETH traded within a range of $57.91 (2.31%), between $2,482.99 and $2,540.10
Resistance level at $2,540; support between $2,483 and $2,485
A breakout occurred at 08:02, causing a 1.33% surge on 8,337 units of volume
Peak trading volume reached 253,612 ETH during a reversal
Price structure may indicate a bullish flag with a golden cross between the 50-day and 200-day moving averages
Consolidation above $2,520 shows short-term buyer control