Ethereum price holds $2,500 as bulls target $3,000 next
Ethereum price held above $2,500 on Aug. 27 after strong US spot ETF inflows, improving global liquidity conditions, and a historic short squeeze supported its weekly breakout.Ethereum price gained about 7.8% from its Aug. 21 opening price to trade near $2,507.US spot Ethereum ETFs attracted $697.2 million during their strongest inflow week of 2026.The daily chart places ETH at the critical $2,500 resistance level, with $2,656 as the next upside target.Liquidation data show concentrated leverage around $2,550 above price and $2,415 below it.According to data from crypto.news, Ethereum price traded near $2,507 at the time of writing, up about 7.8% from its Aug. 21 opening price of $2,326. The token briefly reached a weekly high near $2,566 before settling into a narrow range around the psychological $2,500 level.Ethereum price daily chart — Aug. 27 | Source: crypto.news. US institutional demand then helped ETH retain those gains. Spot Ethereum exchange-traded funds recorded approximate
