BULLISH NEWS: $ETH Bulls Eyeing $9,000!
#Ethereum is showing incredible renewed strength, and the data paints a seriously #bullish picture for a potential run to $9,000! After a 50% surge in just two weeks, #ETH is attracting major attention, even as it sits 23% below its 2021 all time high.
Onchain fundamentals are screaming bullish! A massive 28% of all ETH is now staked, locking up supply and showing strong conviction from holders. Exchange balances have plummeted to their lowest levels since 2016, indicating tight supply, while new buyer inflows are accelerating. This structural setup is primed for a major breakout.
Network usage is near full capacity even after multiple gas limit increases, highlighting persistent demand for Ethereum's powerful ecosystem. With Elliott Wave models pointing to a possible $9,000 top by early 2026, and strong #ETF inflows, all signs suggest this rally is just getting started! #EthereumETF
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