#ETHBreaks3700
Another one that is surprising and climbing the stairs just like BNB is.......
✨💥✨💥
Tatammmmm...👇🤣😂🤣
$ETH
If my friends, ETHEREUM has crossed the line of $3700, approaching the $3800 mark.
#StablecoinLaw The 5.63% increase in 24 hours of Ethereum reflects bullish inflows into ETFs, a possible buying pressure to close short positions, and a positive technical momentum.
1. ETF inflows reached a daily record of $717 million, driven by institutional accumulation.
2. Over $500 million in leveraged short positions are at risk of liquidation if ETH surpasses $3,800.
3. The buying from large investors (like a wallet linked to Coinbase) and bullish technical signals are fueling the momentum.
#StrategyBTCPurchase
The Ethereum rally combines institutional accumulation, derivative market dynamics, and bullish technical signals. Although overbought signals suggest a potential consolidation, the zone between $3,800 and $4,000 is key to maintaining momentum.
Could ETH's dominance continue to increase if Bitcoin's market share keeps declining?
$BTC
$BNB