$ETH is nearing a Golden Cross formation, a bullish signal, after #BlackRock $100M ETH purchase. Key points:
- Resistance level: $2,738 is crucial; breaking above it could trigger a rally to $3,000
- Network growth: 134% surge in new addresses indicates rising interest
- Institutional inflows: BlackRock's purchase and ETF inflows signal long-term bullishness
- Price target: Potential breakout above $2,738 could propel ETH to $3,000
