🚀 Wall Street's Attention Turns to Ethereum — Is a $3,200 Rally on the Horizon?

📢 Ethereum (ETH) is quickly becoming the new darling of institutional investors. As of July 8, $ETH is trading at $2,577, up slightly by 0.8%—but analysts are watching closely as a symmetrical triangle pattern forms, signaling a potential 20–24% breakout toward $3,200.

🔹 What’s driving the pivot?

Wall Street firms are increasingly favoring Ethereum over Bitcoin for their crypto-focused treasuries, thanks to ETH’s solid technical structure and evolving utility in the Web3 space.

🔹 Why it matters:

A confirmed breakout could mark a significant shift in institutional capital flow, with Ethereum potentially leading the next phase of the crypto bull cycle.

📊 From market structure to momentum, the signs are lining up for $ETH . Is Ethereum ready to take the lead?

#Ethereum #CryptoNews #Bitcoin #InstitutionalAdoption #Web3

https://coingape.com/markets/will-ethereum-price-rally-to-3200-as-wall-street-pivots-from-btc-to-eth/?utm_source=bnb&utm_medium=coingape