ETH Rebounds Strongly in 2025 with Fresh Support and Institutional Inflows
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 24 2025Ethereum's Bullish Momentum: Ethereum has broken out from a falling wedge pattern and is currently retesting key support levels between $2,100 and $2,300, with potential targets reaching up to $2,800 as market confidence grows.
Institutional Confidence in Derivatives: A significant increase in open interest for Ethereum derivatives, rising from $3.6B to $5.1B on Binance and totaling around $17B globally, indicates strong institutional backing and confidence in the ongoing price rally.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
