Ethereum Surges Near $4500 Amid $201M Institutional Buy

Ethereum is trading near the critical $4,500 resistance level, currently around $4,423 to $4,433, with significant investor activity and a market cap over $533 billion. Institutional interest remains strong, highlighted by a $201 million ETH purchase from BitMine and $171.5 million inflows into Ethereum ETFs, contributing to nearly 8.4% of the supply being held by institutional investors. Despite these inflows, Ethereum faces resistance at the $4,500 mark, with analysts warning that failure to break above could trigger a short-term decline toward $4,000–$4,100. Profit-taking is increasing as Ethereum’s supply in profit nears 95%, a level historically linked to market tops, while indicators suggest long-term holders are selling, adding selling pressure. The market is showing signs of consolidation and indecision, with volatility expected as price movement tightens between $4,222 and $4,500, and any breakout or breakdown could lead to significant moves. Meanwhile, some investors are turning to alternative Layer 2 solutions like Layer Brett, which has seen strong presale momentum amid Ethereum’s volatility and regulatory challenges.