#ETHBreaks3700
🚀Ethereum Rally Begins: Eyes on $5,000! 🤯🔥
📈 Current Situation & Market Sentiment
Price and Momentum:
Ethereum is currently trading at around $3,712 and has gained about 4% in the last 24 hours. It has fluctuated between $3,540 down and $3,714 up.
Increased ETF Interest: US spot $ETH ETFs have seen a total inflow of $2 billion since July 4th, indicating growing U.S. investor interest.
Institutional Buying: Firms like BitMine have added millions of Ethereum to their balance sheets, indicating a growing demand for "smart money," or professional capital.