🚀 **#ETHBreaks3k — What’s Next for Ethereum?**
Ethereum has surged past $3,000, marking a crucial bullish reversal after breaking a multi-month resistance band ($2,715–$2,750) and clearing trendlines from earlier this year
🔍 Key Drivers:
Spot ETH ETF inflows hit ~$383M today—the highest since December 2024, fueling sharp momentum
Bull flag breakout on the daily chart targets a potential 78% rally up to $5,000
On‑chain data shows falling exchange reserves, reinforcing long-term investor confidence
📈 Technical Outlook:
Short‑term resistance: $3,040–$3,120 (Fibonacci extensions + trend lines)
Support levels: $2,900 and $2,880 (100‑hour MA & rising hourly trendline)
🎯 What’s next:
Continued breakout above $3,120 could trigger a swift move towards $3,200–$3,500+.
A pullback to $2,900–$2,880 would be healthy before another attempt at higher highs.