🚀🚀 #ETH4500Next?
$ETH is trading around $4,226, climbing 8.38% in the past 24 hours and blasting through the $4,200 resistance, signaling strong bullish momentum. Analysts see room for a run toward $4,500–$5,000 in the near term.
🔥 Key Drivers Behind ETH’s Surge:
Institutional Buying Power: Major publicly listed firms have scooped up nearly 2M $ETH since June, funded by multi-billion-dollar debt and equity raises.
Technical Breakout: ETH has broken out of a descending wedge pattern with a noticeable spike in trading volume.
ETF Boost: Spot Ether ETFs have pulled in $537M over the past four sessions, reflecting growing institutional demand.
🎯 Price Targets:
Short-Term: $4,400–$4,500
Medium-Term: $4,750–$5,000
Long-Term: $10,000+ (as some bold analysts predict)
🛡 Key Support Zones:
$3,470 – Must hold for the bullish setup to stay intact.
$4,173 – A tested support acting as ETH’s price cushion.
