Ethereum has experienced a notable price rally, fueled by renewed interest from major investors and positive technical signals. The cryptocurrency recently surpassed $2,981 on November 26, 2025, and continued to climb, reaching $3,031 at the time of reporting. This upward momentum is attributed to a mix of favorable macroeconomic trends and improving market sentiment.
After a stretch marked by significant selling, institutional players are making a comeback. Notably, BlackRock's IBIT fund saw net inflows exceeding $130 million on Tuesday, helping to counterbalance earlier withdrawals. In addition, a large investor moved 6,000 ETH—valued at $17 million—out of Binance, increasing their total holdings to almost 74,000 ETH. These moves reflect a broader resurgence in institutional demand, especially as the Federal Reserve's quantitative tightening is expected to conclude in December.
Experts believe that the anticipated increase in liquidity from the Fed’s policy change could further propel Ethereum’s price, as the asset has historically benefited from periods of monetary easing.
On the technical front, Ethereum’s weekly Relative Strength Index (RSI) remains in oversold territory, which often signals the potential for a rebound. The Apparent Demand metric—which tracks the gap between new ETH issuance and dormant supply—soared to a 26-month high of 90,995 ETH on November 26, up from 37,990 ETH just four days earlier. This pattern echoes a similar surge in September 2023 that preceded a 165% rally to $4,100.
Spot Ethereum ETFs have also seen renewed inflows, with $230.9 million added over three consecutive days, reversing a previous period of outflows totaling $1.28 billion between November 11 and 20.
Despite these positive developments, Ethereum’s price remains subject to significant fluctuations. As of November 28, 2025, the asset was trading near $3,030, representing a 25% decline from the prior month, amid ongoing ETF outflows and limited market liquidity. BitMine’s recent acquisition of 14,618 ETH (worth $44.34 million) increased its reserves to 3.63 million ETH—about 3% of the total supply—highlighting sustained institutional interest. However, the market’s subdued reaction to such large purchases suggests that investors remain cautious, with analysts citing broader economic uncertainty and evolving regulatory conditions as ongoing risks.
Looking forward, Ethereum’s future performance will depend on its ability to maintain support above $2,800. Holding this level could pave the way for a sharp recovery toward $3,600, especially if the Federal Reserve implements a rate cut in December. Additionally, advancements in cross-chain technology—such as Avail Nexus, which integrates liquidity across Ethereum, Solana, and other networks—may further enhance Ethereum’s utility and adoption in the broader crypto ecosystem.