I'm seeing an interesting movement of #Ethereum today. No beating around the bush:

The price has risen from a low near 2,400 USD to the range of 2,450 USD, taking a breather and approaching the 20-day EMA on the charts. If it closes above with volume, there are chances to target 2,738 to 2,879 USD, as technical analysis suggests.

On the institutional side, there are strong inflows: the folks from BlackRock and Fidelity have been heavily investing in ETFs of $ETH ETH, with whales migrating large amounts — in just one day, almost 871 thousand ETH were traded. This shows that it's not just retail momentum; serious money is coming in.

In practice: I see solid support around 2,425 USD, and buying pressure gaining strength. If it closes tomorrow above the EMAs, it's a good sign to hold the position or even think about adding more.

I will keep an eye to possibly add near 2,430–2,440 USD, with a mental stop if it falls below 2,400. If it starts moving with momentum, aim for the target at 2,738–2,879.

So, what do you all think?

Are you confident in ETH holding this? Comment below.