$ETH

Hits Highest Levels in Nearly Four Years 🚀

Ethereum has broken through $4,600, reaching its highest price since 2021 — just 5%–5.5% shy of its all-time high ($4,878).

Institutional & ETF Inflows Accelerate:

Spot ETH ETFs recorded a $100M net inflow in a single day, setting a new record. Total inflows this year now stand at $8.2B, roughly 1.5% of ETH’s market cap.

Corporate treasuries continue buying: BitMine Immersion holds nearly 1.2M ETH (~$5.3B), further boosting the market.

Technical & Market Sentiment Positive:

Short-term support remains solid. Breaking $4,680 could trigger an accelerated upward trend, potentially targeting $4,800.

Recent growth triggered over $120M in short liquidations, amplifying bullish momentum.

The market is clearly in ETH’s favor, setting the stage for more gains.#ETH5kNext? #DeFiGetsGraded #CPIWatch #ETHOvertakesNetflix #BTCOvertakesAmazon