Ethereum Holds Firm at $1,500 Amid Institutional Selling

Ethereum has demonstrated greater resilience than Bitcoin and continues to trade above its yearly low. However, the market remains heavily dependent on institutional demand, with recent support for ETH coming primarily from isolated corporate purchases.

The cryptocurrency market, including Ethereum, staged a partial recovery after geopolitical tensions between the United States and Iran eased. Despite this rebound, investors remain cautious as capital continues to rotate into traditional financial assets and AI-related stocks, limiting the upside potential for digital assets.

Net outflows from spot Ethereum ETFs have exceeded $273 million, reinforcing the view that institutional capital continues to leave the market. The key $1,500 support level held thanks in part to buying by SharpLink Gaming, but risks remain high.