My lovely people of the cryptosphere! Hey, buddies! Ready for a dose of good stuff, with street flavor and Latin seasoning? So, hold on, because the Ether (ETH) thing is getting really hot! 🔥

For months, the price of ETH has been stuck like gum to a shoe, stuck in a range that won't budge. But, watch out! It looks like the tide may be turning, and things are getting really, really good. 🌊

Look, here's the deal: even though Ether has been sort of dancing in limbo below $2,500, Ether ETFs are putting incredible pressure on these funds! Imagine that last week, 106,000 ETH flowed into these funds! And it's no coincidence, it's the seventh consecutive week of greenbacks flowing in like a swollen river! 🤑 That means the big investors, the ones pulling the strings, are putting hard money into ETH.

But, as always in this world, not everyone is in on the hype. There are some wallets out there that withdrew almost 96,000 ETH from their stash at the beginning of June! And the vast majority of that money, about 62,000 ETH, is already on exchanges! What does that mean? Well, those guys are thinking about selling, and that puts a little damper on the party. 🧐

Where does ETH go, up like foam or down like a coconut in free fall?

Now, the million-dollar question, the one that keeps us awake at night: Will this ETH stagnation be resolved with an upward boom or a downward boom? Let's see what the crypto stars have to say! ✨

The price of ETH has been in a tug-of-war between $2,528 (which is its average level) and $2,323 (its floor). Both the movement lines and the strength indicator are seemingly undecided, indicating a consolidation; no one is moving! 😴

But here's the interesting part: If buyers get their act together and push the price above $2,528, hold on! ETH could skyrocket to $2,738 and then to $2,879. That's where sellers will scream and try to stop it in its tracks! 🛑

Now, if things get ugly and the price drops below $2,528, watch out! The bears (that's what we call those who want to see the price go down) will try to push it below $2,323. And if they succeed, ETH could fall to $2,111! 😱

So, get ready, people! ETH's next big move is going to be when it breaks one of those two levels: either above $2,879 or below $2,111. That's where things get serious!

What happened today in the crypto world: Holding hands!

And so you're up to date, I'm telling you that today Coinbase, the largest cryptocurrency platform in the US, continued its shopping spree! It acquired a platform called Liquifi, which helps manage the tokens of startups. This is part of Coinbase's strategy to make it easier for developers to launch their tokens and make everything simpler and more legal. This is already Coinbase's fourth acquisition this year! These guys don't sleep! 🚀

Additionally, a security company called SlowMist issued an alert: Beware of scams! They say the attacks are becoming more psychologically manipulative. They're no longer just technical hacks; they're trying to trick you with fake browser extensions, manipulated wallets, and the like! So be extra vigilant and don't fall for the scams! 🚨

And to top it all off, the US SEC (the regulators) is planning to streamline the process for faster approval of cryptocurrency ETFs! That means if they succeed, we could see more fresh capital entering the altcoin market, and that could spark one of those altseasons we're all about! Fingers crossed! 🤞

So, there you have it, pals! The crypto world never stops, and you have to be more than ready for whatever comes next. Stay informed and keep the good vibes coming!$ETH