The price of Ethereum has increased by 14.63% in the last 7 days and currently stands at $1,793.10. This is almost +16.6% from the week's low ($1,537.26). At the same time, there has been a significant increase in capital inflow: from 12,644 ETH to 47,100 ETH. Such a correlation between price and institutional interest is not a coincidence, but a sign of active accumulation.
The technical picture supports a bullish scenario. The MACD shows a clear signal for growth, the OBV confirms increased pressure from buyers, and the widening Bollinger Bands indicate rising volatility — in favor of the current dynamics. The RSI, meanwhile, remains neutral, indicating that the market is not yet overbought.
My opinion: we are witnessing not a speculative jump, but a potential beginning of a consolidation phase above $1,800. If capital continues to flow in, and the technical indicators do not reverse, the next target is $2,000.
This movement is a reflection of sentiments before a new Ethereum cycle. Ignoring such signals is a mistake for anyone aspiring to be a strategic investor.
