📰 Ethereum Rockets Toward $4K: ETF Inflows and On-Chain Strength Align
Ethereum is showing breakout strength as it nears the $3,800–$4,000 resistance zone. This move comes on the heels of massive ETF inflows, positive sentiment, and sharp on-chain accumulation by large holders.
📊 Composite Analysis
ETF Momentum: Ethereum-based ETFs saw back-to-back inflows, crossing $700M daily, marking the strongest institutional interest since launch.
Price Action: ETH printed higher highs and higher lows for six consecutive days. The breakout above $3,600 confirms a mid-term bullish pattern.
On-Chain Signals: Exchange balances for ETH dropped significantly this week, while staking contracts reported a 4% increase in new deposits—signaling reduced selling pressure.
Sentiment: Market sentiment around Ethereum remains optimistic, with increasing chatter about its role in institutional portfolios.
Correlation Shift: ETH decoupled slightly from Bitcoin, showing more aggressive gains—a pattern often seen in early altseason phases.
🧠 Outlook
Ethereum is not just riding Bitcoin’s coattails. It’s demonstrating independent strength driven by real fundamentals: ETF traction, staking activity, and reduced sell pressure. If it sustains above $3,600, the next resistance band lies around $3,950–$4,100.
Short-term pullbacks may occur if Bitcoin volatility spikes, but ETH’s structure remains bullish unless price drops below $3,420.
🔍 Key levels to monitor:
Support: $3,540 – $3,600
Resistance: $3,950 – $4,100
Staking growth and ETF net flows
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