Ethereum holds at $2,500 amid geopolitical tensions and market uncertainty

According to FXStreet, Ethereum held steady near $2,500 on Thursday as market sentiment remained subdued. The asset's stability comes alongside volatile inflows to US Ethereum ETFs, which recorded just $32 million over two days, a significant drop from the $170 million inflows seen in the first days of trading last week.

The Federal Reserve's decision to maintain current interest rates failed to stabilize the markets, with renewed Middle East conflicts and US tariff concerns continuing to dampen investor risk appetite.

Deribit data reveals concentrated Ethereum put option activity at the $2,450–$2,500 strike price range. Thus, this level is marked by strong volatility. 

FXStreet analysts note that investor focus has shifted from US trade policy to geopolitical risks. Meanwhile, existing problems are only getting worse. These factors continue to weigh on Ethereum despite its current technical consolidation.