🚀 ETH to $16K This Cycle? Analysts Say It's Possible

Ethereum is heating up! 🔥 ETH touched $3,800 on July 31, and analysts are now eyeing a massive breakout — with some calling for $15,000–$16,000 in this cycle.

Here's what’s driving the hype:

📈 Clean Technical Setup

Crypto analyst Edward says ETH is forming an ascending triangle on the monthly chart — the same pattern that preceded its 2,000% run in 2020. A breakout above $4K could ignite a move toward $15K–$16K.

🏦 ETF Inflows Are Booming

U.S. spot ETH ETFs have pulled in $5.3B in just 18 trading days. That’s far outpacing ETH issuance, which is capped under 1M/year. Institutions are clearly loading up.

🧠 Smart Money Accumulation

Edward calls this a "quiet, sustained, and methodical" institutional buildup. ETH volatility is dropping even as inflows rise — classic signs of long-term accumulation, not retail-driven hype.

🔗 ETH = Financial Infrastructure

With Layer 2s, real-world asset integration, and restaking growing fast, Ethereum is becoming the financial core of a multichain world. This narrative shift could support much higher valuations.

⚠️ Short-Term Pause First?

Analyst Michaël van de Poppe expects ETH to hit resistance near $4,000 before a healthy pullback — but sees it as a setup for a broader altcoin rally.

📊 ETH Quick Stats (July 31) • Price: $3,800 (+1.01%)

• Inflows: $5.3B in 18 days

• Trading range: $3,693–$3,873

• Volume suggests strong accumulation near $3,825

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Can ETH break into five digits this cycle?

With institutional momentum, bullish technicals, and ETFs adding fuel — the road to $15K might just be getting started. 🛣️📈

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