Ethereum (ETH) is showing breakout potential, recently surpassing $3,400 with strong ETF inflows and bullish technicals like an inverse head & shoulders pattern. Analysts target $3,600-$3,700 soon, fueled by DeFi growth and institutional interest. However, a correction to $2,800 is possible before further gains. Monitor $3,000 support and $3,600 resistance.

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