🚀 Ethereum: Retail & Whales in a Tug-of-War! �

$ETH  just hit a NEW ATH in weekly active addresses—17.4M! 🎉 Despite cross-chain activity dropping, this surge signals strong retail & institutional interest. But here’s the twist:

🔹 Spot ETF inflows were solid for 6 weeks… yet ETH slid from $2.6K to $2.4K earlier in June.

🔹 Since June 5, ETF demand has slowed—could this be a trend? 🤔

🐋 Whales Playing Hard to Get?

- Counts (1k-10k ETH holders) peaked in April but have been drifting down since.

- Yet, ETH rallied from $1.5K (April) to $2.7K (May)—without whale accumulation! 📉

📊 Short-Term Outlook:

- Sell walls at $2.7K-$2.8K, buy support at $2.3K-$2.4K → range-bound action likely.

- But with BTC bouncing back, bullish sentiment could spill into altcoins!

🔍 Bottom Line: ETH’s stuck in a tug-of-war. Retail hype ✅ Whale caution ❌ Next move? Watch BTC’s momentum + ETF flows for clues!