๐ #EthereumNews Bulls Eye $3,400 โ ETF Flows & Treasury Buys Fuel the Momentum! ๐ฅ
But could ETH reach 10K???
Ethereum is quietly building steam โ and bulls are now targeting $3,400 as the next major stop.
With massive inflows into $ETH ETFs and treasury wallets scooping up coins, smart money seems to know whatโs coming. ๐๐
๐ฐ Over $1 Billion in ETF Inflows in Just Days!
Institutional interest is back โ and itโs not subtle.
According to Farside Investors, Ether ETFs have seen $1B+ in inflows since last Wednesday.
Thatโs serious confidence in ETHโs next move. ๐ผ
But thatโs not allโฆ
๐ข Treasury Wallets Are Buying โ Fast.
Ethereum treasury companies arenโt sitting this one out.
Theyโve bought over 545,000 ETH in the last 30 days. Thatโs a big signal that theyโre loading up ahead of a breakout.
๐ โก๏ธ ๐
๐ ETH Price Outlook: What to WatcH
ETH is trading around $3,047 after pulling back slightly from $3,083.
Key levels:
โข Support: $2,879 and $2,738 โ
โข Resistance: $3,083 and then $3,400 ๐
If buyers hold the line, a breakout above $3,083 could open the door to $3,153 โ $3,400.
Momentum is still on the bullsโ side โ but RSI shows a slight divergence, so caution remains. โ ๏ธ
On the flip side, a drop below $2,734 could drag ETH down to $2,500.
But with ETF demand this strong, sellers have their work cut out. ๐งฑ
๐ Summary: ETH Set for Lift-Off?
โ ETF inflows surging
โ Treasury wallets accumulating
โ Bulls defending key support levels
If $3,083 breaks โ itโs game on for $3.4K. ๐๐
Some analysts suspect that ETH could actually reach 10K based on the Elliott Wave alternative scenario. What do you think?
Letโs see if Ethereum can finish June with a bang. ๐ฅ
