Ethereum Price Outlook Turns Bullish as ETF Inflows Support $2,800 Target

Ethereum has surged 27% over the past week, breaking the $2,000 resistance level and triggering significant short liquidations. Market sentiment has improved due to proposed SEC crypto regulations and planned Treasury bond buybacks. Notably, Ethereum ETFs recorded over $1.2 billion in inflows during August, marking the highest monthly total since August 2025, which supports a bullish outlook toward the $2,800 price target.