Market Performance
Price Momentum: ETH is hovering around $4,732 USD, having spiked over 4.4% today to reclaim the key psychological level of $4,000.
Monthly Surge: The token has surged approximately 43% in the past month, and is up about 6.6% year-to-date, approaching its all-time high of $4,865.
ETF-Driven Inflows: Spot ETH ETFs saw record inflows—over $1 billion on August 11, with continued daily gains exceeding $500 million.
Ethereum is exhibiting significant strength, energized by institutional ETF inflows, meaningful protocol upgrades, and increasing enterprise and on-chain adoption. While the market remains volatile, the bullish trend strongly favors ETH, with upside targets ranging from $6K to possibly $10K over the next 12–18 months—provided support holds firm and resistance levels are conquered.
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