#ETHBreaks3700
On Sunday, #ETHBreaks3700 vibrates: Ethereum has crossed the $3,700 mark, showing a 4.3% increase in 24 hours to reach approximately 3,704,$ . This surge is fueled by record inflows of 727 M$ into ETH spot ETFs and growing interest from institutional whales.
On-chain, a wallet associated with the Coinbase hacker has accumulated 650 ETH, marking a cynical bet on the rise. Technically, a net breach of 3,500,$ followed by this new peak confirms a breakout, but overbought signals (high RSI, strong OI) suggest possible consolidation before the psychological target of $4,000.
