🚀 Institutions are going on a buying spree, is Ethereum about to soar to $4500?
Recently, institutions have been buying Ethereum like crazy, pushing ETH up to $4300 like a freight train!
Three forces are behind this surge, making it unstoppable:
1️⃣ ETF funds pouring in
The US spot ETF is like a "printing press," with huge amounts of money buying ETH daily, and exchange inventories are nearly depleted.
2️⃣ Public companies accelerating their stockpiling
BitMine is buying ETH 12 times faster than BTC! Standard Chartered even stated—it's more appealing than buying ETFs.
3️⃣ Perfect timing and circumstances
With the US dollar weakening + imminent interest rate cuts by the Federal Reserve, funds are flooding into the crypto market like a burst dam.
Analysts are unanimously bullish:
💬 "As long as ETF funds keep flowing, $4500 is the next target."
💬 Some are even proclaiming: "This wave of ETH resembles the bull market rhythm of BTC in 2017."
Twitter influencers are also starting to chime in—
📌 "In the second half, institutions will be the main force behind Ethereum, and the price increase may even surpass BTC."
Whether this is true or not is hard to say, but this wave of ETH is indeed strong.
The market driven by institutions' real capital has just begun!
Stay tuned: ETH CYBER ICNT PROM TAC
