ETH price aiming for $2.5K with strong support and growing interest, potential capital rotation from BTC

From Cointelegraph

June 24, 2025 5:00 PM:

Ether bulls are eyeing liquidity spots near $2,500, supported by technical indicators like a dragonfly doji. With most BTC in profit, Ethereum may be in a “catch-up” phase, as institutional inflows into ETH ETFs surged 68% in June. Market makers are driving the rally toward $2,500 amid growing interest in Ether.

Ethereum’s price surge toward $2,500 is backed by strong technical support and liquidity dynamics, with market makers targeting stop-loss zones. Recent price action and candlestick patterns suggest a bullish reversal, signaling renewed retail and institutional interest. Onchain data shows massive ETH withdrawals from Binance, hinting at a shift from short-term to long-term strategies.

Swissblock data indicates a potential capital rotation from Bitcoin to Ethereum, with over 90% of BTC supply in profit. Historical patterns suggest significant upside for ETH, with capital rotation mirroring past cycles. Spot ETF inflows show a shift towards Ethereum, with a 68.4% increase in ETH ETF investments in June, signaling a possible institutional rotation towards Ether.

Read more at Cointelegraph: ETH Bulls Chase $2.5K As BTC Traders Rotate Into Ether