🚀 Ethereum Today: Institutional Surge & Technical Momentum
$ETH just broke above $2,700 on heavy volume—a clear signal that institutional and trader enthusiasm is hitting a peak. With 7 weeks of consistent ETF inflows, totaling over $1.6 billion, ETH is riding a wave not seen since post-issue of spot ETFs .
🔍 **What You Need to Know:**
Spot ETF Momentum: Inflows hit $812M in 14 straight sessions, led by ETHA and other major funds .
On-Chain Tech Breakout: Candle cleared $2,700 resistance around 560K coins—some analysts put upside to $4K .
Technical Setup: After trading within $2.4K–$2.7K range since May, ETH now shows signs of breaking out with favorable IOMAP support between $2.349K–$2.426K .
🧩 Why It Matters:
Strong inflows + technical breakout = a classic “return of confidence” setup. Watch for follow-through: if ETH holds above $2.7K, altcoins could kick into higher gear.
❓ Did you miss this move or are you already in?
