🌐 #Ethereum: movement scenarios and the impact of ETF inflows
Ethereum is again at the $4600 mark and is at a crossroads in movement. Two key scenarios are clearly outlined on the chart:
🕯 Scenario 1 (bullish):
After a correction in the zone of $4370–4400 #ETH it may bounce back up and test $4700–4800.
🔹 The main driver is inflows into Ethereum—#ETF, which remain at a high level and support buying demand.
🔹 An additional factor is the activity of whales: they are gradually accumulating volumes near current levels.
🕯 Scenario 2 (bearish):
If the $4370 level does not hold, the price may go deeper into the range of $4150–4200 and even test $3900.
🔹 Such a scenario is possible if the pace of inflows into ETFs slows down, and the macroeconomic background increases pressure on risky assets.
⚖️ Conclusion:
ETH is currently balancing between two zones of strength. Inflows into ETFs are the key to continued growth, but the market is still sensitive to GDP and PCE data, as well as to the overall rhetoric of the Fed.
Zone $4370–4400 = important support level.
Breakout upwards = target $5000.
Loss of zone = return to $4200–3900.
The market remains in a phase of high volatility. We play based on the actual release of data and the dynamics of ETF inflows.
