$ETH is showing strong bullish momentum, currently trading near $3,600 after a 7% surge in the last 24 hours. This rally is fueled by institutional interest, decreasing exchange reserves, and optimism surrounding upcoming spot Ethereum ETFs. Analysts believe a breakout above the $3,980 resistance could open doors toward the $4,500 level. On-chain data also reveals increased accumulation by long-term holders, signaling confidence in Ethereum's future. With improved regulatory clarity and staking ETFs under consideration, ETH is becoming a top choice for both retail and institutional investors. Watch closely—Ethereum may be gearing up for its next major bull run.

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