PANews reported on May 27 that according to CoinDesk, ETH rebounded more than 4% from a low of $2,513 in the past 24 hours, reaching a high of $2,658, and the trading volume surged to 550,000 ETH, forming a clear breakthrough. Benefiting from the continued attraction of institutional funds to the spot Ethereum ETF, the net inflow this week reached $248 million, of which BlackRock ETHA contributed $136 million. The technical side shows that the price broke through the descending triangle, the support area rose to $2,600, and the short-term target range was $2,650-2,745. Market confidence has rebounded, and the bull market structure has begun to emerge.