#ETHRally

Ethereum Breaks Above $4,600 as Bulls Take Control

Ethereum (ETH) is riding a strong bullish wave, currently trading around $4,630, marking a decisive push above the $4,500 psychological level. This surge is fueled by massive institutional inflows, with ETH-linked investment products recording hundreds of millions in net buying over the past week.

On the 4-hour chart, ETH has formed a solid uptrend with consistent higher highs and higher lows, while trading volume continues to rise. If ETH can maintain momentum and break through $4,700 resistance, the next target could be $4,850 – $5,000 in the short term.

On-chain data shows increased whale activity, higher staking deposits, and growing interest in Layer-2 scaling solutions — all strengthening Ethereum’s bullish case. The market sentiment remains optimistic, but traders should watch for short-term pullbacks after such rapid gains.

With strong fundamentals, institutional support, and technical confirmation, the #ETHRally narrative is gaining traction — and the road to new highs might just be starting.

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