🚀 #Grayscale #EthereumET Launch Sparks $7K Target
$ETH is holding strong above $4,200, with analysts eyeing a breakout pattern nearly identical to 2021’s bull run — pointing to a potential rally toward $7,000.
🔥 Key drivers:
Grayscale’s new Covered Call #ETH ETF → brings yield + institutional appeal
Strong support above $4K
Fibonacci targets at $5.7K and $7K
With #etf inflows and bullish charts aligning, ETH could be gearing up for its next big leg higher. ⚡