Ethereum Faces $2,600 Test as Institutions Bet Big on Staking ETF Potential
Ethereum is approaching a critical technical juncture as analysts and institutional investors take sharply different—but converging—views on its mid- and long-term trajectory.
According to analyst Michaël van de Poppe, the $2,600 level is a key resistance zone that ETH must reclaim. He cautions that a retest of recent lows is possible before a reversal, especially with weekend volatility historically leading to erratic price action.
Despite short-term uncertainty, institutional confidence in Ethereum remains robust. Ash Crypto notes that BlackRock and other ETF issuers have accumulated $240 million worth of ETH, anticipating not just continued strength in the spot market but potential regulatory approval of Ethereum staking ETFs.
Such a development would unlock major passive income opportunities through staking, adding a yield-bearing layer to traditional ETF exposure.
This aligns with Ethereum’s broader value proposition: hosting real-world assets (RWA), benefiting from a deflationary supply model, and being home to the largest technology stack in crypto.
While traders navigate local resistance zones, long-term investors are positioning for Ethereum to hit $10,000 by capitalizing early on staking ETF potential—signaling a strong divergence between short-term volatility and long-term conviction.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
