🚀 $ETH Eyes $2000 Breakout Amid Surging On-Chain Metrics: Is a Bigger Rally Ahead?

📈 Ethereum is gaining momentum, fueled by rising market optimism and easing US-China tensions. DeFi activity is up, and key on-chain metrics show bullish signs as ETH eyes the $2,000 level.

📉 Netflow has turned negative, with 51,590 ETH moving off exchanges — a sign that investors prefer holding over selling. At the same time, liquidation volume hit $26.7M as volatility rises.

💸 ETF inflows are picking up steam, with $64M added on April 28 and $151.7M during the prior week — the highest since February 2025.

🔗 Ethereum’s DeFi dominance remains strong. TVL has surged to $51.7B (+15.5% in a week), and DEX volume rose 30% to $1.65B, signaling growing ecosystem activity.

📊 ETH recently closed above its 50-day MA, but faces resistance at $1,900. If bulls break through $1,950, ETH could rally to $2,100—or even $2,500. Key downside to watch: 20-day MA at $1,802. A drop below could drag ETH to $1,560.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.