#ETH World
Ethereum ETF Inflows Surge $2.18B In A Week ‘FOMO Just Getting Started’
Ethereum is pushing above the $3,800 level showing a level of strength not seen since early 2024. The second-largest cryptocurrency by market cap has now gained over 50% since late June without a single meaningful retrace signaling that bulls are firmly in control
The current rally has been supported by growing momentum rising institutional demand and increasing clarity on the regulatory front all contributing to a wave of renewed investor confidence
This latest move puts Ethereum within striking distance of the $4,000 psychological resistance with many analysts forecasting that a breakout could happen in the coming days
On chain metrics and market structure continue to show signs of strength as ETH holds comfortably above key moving averages and previous resistance levels now flipped into support
If the bullish trend continues, a push above $4,000 could open the door to new multi month highs and potentially trigger the next major leg up
All eyes 👀 are now on ETH’s ability to sustain momentum and challenge resistance levels as bullish sentiment spreads
As Ethereum approaches the critical $4,000 resistance for the first time since December price action in the coming weeks will be decisive
Bulls are now focused on breaking above this level to confirm continuation but the potential for short term consolidation remains on the table Momentum is strong but a brief cooldown could strengthen the foundation for the next move