đ Wall Street's Attention Turns to Ethereum â Is a $3,200 Rally on the Horizon?
đą Ethereum (ETH) is quickly becoming the new darling of institutional investors. As of July 8, $ETH is trading at $2,577, up slightly by 0.8%âbut analysts are watching closely as a symmetrical triangle pattern forms, signaling a potential 20â24% breakout toward $3,200.
đč Whatâs driving the pivot?
Wall Street firms are increasingly favoring Ethereum over Bitcoin for their crypto-focused treasuries, thanks to ETHâs solid technical structure and evolving utility in the Web3 space.
đč Why it matters:
A confirmed breakout could mark a significant shift in institutional capital flow, with Ethereum potentially leading the next phase of the crypto bull cycle.
đ From market structure to momentum, the signs are lining up for $ETH . Is Ethereum ready to take the lead?
#Ethereum #CryptoNews #Bitcoin #InstitutionalAdoption #Web3
https://coingape.com/markets/will-ethereum-price-rally-to-3200-as-wall-street-pivots-from-btc-to-eth/?utm_source=bnb&utm_medium=coingape