🚀 Ethereum's Epic Rally: Breaking $4,300!
ETH has surged 213% from April lows, hitting $4,326 on Saturday—its highest since 2021! The rally is fueled by:
1. **Massive ETF Inflows**: Over $6.7B poured into Ethereum spot ETFs
2. **Corporate Accumulation**: Companies have scooped up $12B+ in ETH
3. **Short Liquidations**: A four-day rally triggered significant liquidations
Even veteran trader Peter Brandt, a known ETH critic, seems impressed by the chart patterns! 📈
Looking at today's price action, ETH is consolidating around $4,180 after testing the $4,330 level twice. Trading volume has decreased in the last few hours, suggesting a potential short-term breather.
Want to ride this ETH momentum?