Ethereum Hits Multi-Month High on Institutional Surge! ๐
$ETH TH has rocketed past $3,600, up over +10% today, thanks to major whale accumulation and record spot ETF inflows. Thatโs nearly 1.5โฏM ETH bought in July aloneโup 95% from June!
The ETH/BTC ratio is on the rise, rallying through the 0.03 levelโcould this be the start of the next altcoin season? And with the crypto market cap nearing $4โฏT, the momentum is undeniable.
U.S. regulatory clarity is adding fuel: after the House passed the GENIUS Act, institutional confidence is soaring. Expect more capital to flow into ETH as stablecoin frameworks are finalized.
๐ Technicals show short-term overbought conditions, but staying above $3,400โ3,500 could pave the way to $4,000.
๐ฃ Whatโs your ETHTAKE? Are we zooming to $4K or pulling back soon?