Ethereum price tests $2,000 with bulls targeting $2,500 next

Ethereum price rallied 5% to $1,966 on July 27 as surging spot demand, short liquidations, and tighter available supply pushed ETH toward the key $2,000 barrier. Summary Ethereum price gained 5% to $1,966, while 24-hour spot trading volume jumped 118.53% to $9.21 billion. The daily chart places $1,981.50 and $2,000 as the next major resistance zones. 4-hour RSI reached 73.36, showing strong momentum but raising the risk of a short-term pullback. Liquidation data shows large leverage clusters near $1,980–$2,000, with downside liquidity around $1,930. Analysts see $2,350–$2,500 as possible targets if ETH establishes support above $2,000. Ethereum price rally targets $2,000 According to data from crypto.news, Ethereum (ETH) price climbed to around $1,966 after trading near $1,870 during the previous session, extending a recovery that began from its June low near $1,512. The latest move brought ETH within 2% of the psychological $2,000 level. Spot trading volume increased 118.53% over 24 hours to $9.21 billion, according to the supplied market data. Rising volume alongside price suggests buyers supported the advance rather than the move occurring during thin trading conditions. The dai...