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ETH: Bullish Monday Vibes?

Ethereum is showing promising signs of a bullish trend, with the cryptocurrency quietly eyeing the $4,200 level. While it's not a surefire moon landing, the steady climb with occasional turbulence suggests a positive outlook.

Why the Bullish Sentiment?

- *Weekend Calm*: The absence of a weekend crash or mass panic is a good starting point for the week.

- *ETF Tailwind*: Spot-ETH ETFs have been seeing inflows, which often push prices higher on Mondays.

- *Bitcoin's Strength*: Bitcoin's stability is also supporting Ethereum's price, as ETH tends to follow the bigger brother's lead.

Technical Snapshot

- *Green Path*: If Ethereum holds $4,100-$4,150, breaks $4,200, and accelerates toward $4,350-$4,500, it could signal a strong bullish trend.

- *Red Path*: However, ETF outflows and a break below $4,050 could lead to a test of $3,950-$3,900.

Key Watch for Monday

- *Spot-ETH ETF Inflows/Outflows*: Continued inflows could boost Ethereum's price.

- *ETH/BTC Ratio*: A ratio above 0.035 could indicate a strong bullish trend.¹ ²

Market Voices

- *Pentoshi*: Believes weekend levels are primed for a Monday liquidity surge.

- *Ted Pillows*: Calls this "the most bullish ETH structure ever," citing ETFs, institutions, and governments stacking.

- *Merlijn The Trader*: Predicts a $4,200 break could spark a 2021-style move (+100-200%).

Bullish Catalysts and Bearish Landmines

- *Bullish Catalysts*:

- Large fund/wallet buys

- Short squeeze above $4,200

- Long-term holders keeping supply locked

- *Bearish Landmines*:

- Sustained ETF outflows

- $4,200 rejection

- Global macro jitters

Final Take

The stage is set for a bullish start to the week if ETF demand persists and Ethereum breaks through $4,200. While there are no guarantees in crypto, the bias is clear: ETH is looking up. Currently, Ethereum's price stands at $4,299.14, with a 0.07% increase.