๐จETH BREAKOUT IN PROGRESS? $2.7K HIT โ NEXT STOP $4K? ๐จ
Ethereum just sent a strong signal โ and the smart money is paying attention. ๐ง ๐
ETH surged +4% in 24h, hitting a 3-month high of $2,789 while outpacing the entire crypto market. Whatโs driving the momentum? Letโs break it down ๐
๐น Open Interest at All-Time Highs โ Derivatives traders are loading up ๐
๐น Funding Rates Spiking โ Longs are paying a premium ๐
๐น ETF Inflows ๐ฅ โ Institutions are steadily accumulating
๐น Technical Setup: Bullish Pennant Breakout โ Price just confirmed a breakout from a classic continuation pattern
๐ Target? $4,000 โ a potential +46% move if the breakout confirms and momentum holds ๐ช
This isnโt just noise โ this is price + volume + fundamentals lining up.
The ETH narrative might just be flipping bullish for real. Donโt sleep on it. ๐ด๐ฅ
๐ Are you positioned for the next leg up? Or waiting for confirmation? Drop your strategy below! ๐๐
