$ETH exceeds $4,500 after record ETF of $2.3B and institutional staking — heading towards $6K?
📊 Key analysis
Ethereum is trading at $4,514.71 USD, with a decline of 2.2% in the last 24 hours.
New ATH of $4,953.73: ETH reached its all-time high on August 24.
Institutional adoption: SharpLink acquired 56,533 ETH for $3.7B and holds a total of 797,704 ETH.
Attractive staking: Annual yield of 3.8%, with $2.2B in ETF flows just in August.
DeFi decoupling: Despite the price increase, the TVL in DeFi remains $17B below its peak in 2021.
🔮 Outlook
Technical support: $4,400; resistance at $4,900–$5,000.
Bullish projection: Some analysts suggest that ETH could reach $6,500 by 2025.
Are you joining the institutional ETH rally or waiting for a correction?
