$ETH Market Highlights
Current Price: ~$4,590 — holding strong after breaking its 2021 all-time high near $4,950.
Institutional Inflows Soar:
Over $1.3 billion flowed into Ethereum funds this week, fueled by dovish Fed signals and ETF optimism.
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What’s Driving Momentum
1. ETF & Corporate Demand are massively reducing available supply as institutions accumulate and stock coins off exchanges.
2. Historical Bullish Trend:
Past August rallies have led to average +60% gains heading into year-end — possibly setting the stage for a push toward $7K.
3. Momentum Ahead:
Weekly indicators and ETF flows suggest more upside if $ETH
sustains above current support levels.
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What You Can Do
Strategy Type Action Plan
Short-Term Ride consolidation — look for moves above $4,600 to target $5K+.
Swing Traders Accumulate on dips near $4,400; strong fundamentals remain intact.
Long-Term Investors Ideal time to dollar-cost average (DCA); structural growth and institutional demand are clear.
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TL;DR
Ethereum is powering forward — driven by institutional demand, historic bull patterns, and ETF-related scarcity. If the bullish setup holds, $5K is in view, with a path toward $7K by year-end.
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