$ETH

Happy 1st of July, Binancians! 👋

Let's dive into the current state of Ethereum ($ETH) as we kick off a new month. 🚀

Today, ETH is holding strong around the $2,428 - $2,500 mark. While it's seen a bit of a consolidation period recently, it's back at a critical juncture, especially with the continuous positive institutional inflows into Ethereum ETFs.

We've seen seven straight weeks of gains in these ETFs, totaling over 106,000 ETH! That's a significant vote of confidence from big players. 💰

Technical analysts are pointing to a potential "bull flag" formation on the charts, suggesting a breakout could be on the horizon. If ETH can push past the $2,745 resistance, we could be looking at targets upwards of $3,000 and even $3,300! 📈

Of course, the market is always dynamic, and a dip below $2,000 remains a possibility if momentum falters.

The future of Ethereum remains incredibly bright with its ongoing development, growing ecosystem, and the increasing institutional interest. Keep a close eye on those key levels and remember to trade responsibly!

Happy trading, everyone! ✨